Specialty Contractor; Water Supply and Geothermal

Not Disclosed, MA
Barnstable County

Barnstable County Massachusetts


Asking Price: Annual Revenue:
$729,000 $680,030

Services: Construction, Contractors


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RE: Specialty Contractor; Water Supply and Geothermal Broker: Adam Bauer
Owner Financing is Available!
Negotiable

Quick Facts

Asking Price: $729,000
Annual Revenue: $680,030
Net Profit: Not Disclosed
Cash Flow: $349,118
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 245256983
Broker Reference #: well255

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Business Overview:

Full Service Water Supply and Geothermal Contractor operating in a market with natural demand for its service.
The water supply services include: New well drilling, well pump and underground piping installation, tank installation and disinfecting. Additionally, there is ongoing demand for well servicing which accounts for 40% of revenue and the highest gross profit margin. 90% residential services. Additionally, it provides water treatment equipment and maintenance and municipal water hook-ups.
Demand for Geothermal heating & cooling systems has been growing year over year as homeowners turn to alternatives to heating oil, expensive natural gas and the environmental concerns of both. While the initial cost is incrementally higher, the investment is returned via energy cost savings and federal/state tax incentives to the homeowner. This company is generally referred to as the seasoned advisor and installation professional in this emerging, profitable market.
The company functions from a 2,500 square feet building which serves as office, warehouse and repair shop. It operates with 2 experienced field operators and a part time admin/bookkeeper. Additional manpower is subcontracted for as necessary. Very clean company accounting records; billing and customer records are computerized.

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Property Features and Assets:

2,500 Square Feet building - also available for purchase.

Market Competition and Expansion:

There are other competitors in the market. Mostly working within their geography.

Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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