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- RE: Well-Established Plumbing/HVAC Contractor
- Contact: Gary
Quick Facts
| Asking Price: | $200,000 | |
| Annual Revenue: | $700,000 | |
| Net Profit: | $130,000 | |
| Cash Flow: | $150,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $70,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 28 | |
| Employees: | 3 | |
| BBN Listing #: | 1002911 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
This is a 28 year old firm providing plumbing and HVAC services to an underserved resort and vacation home community in Northeastern Pennsylvania. Over 400 regular customers. Experienced plumbing and HVAC staff are willing to remain after the sale and the new owner will have income on day one. Owner will also remain as needed to ensure the smooth transition of the business.
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Property Features and Assets:
The business is located in a custom built, 9,000 square foot building with three bays, a dedicated work area, modern reception and office area with two offices. The building has a large parking lot and is located on a busy highway. The building is available for lease at $2,200 per month, triple net lease. The company has three work vans and a pick-up truck. The company comes with a variety of equipment with a total value of approximately $70,000 including generators, fabricating equipment, test equipment and an inventory of pumping and HVAC parts and components.
Market Competition and Expansion:
The company services over 400 regular customers and focuses on residential and commercial installation, maintenance and repair. The area continues to grow with new primary and secondary homes, retail businesses and resorts however is underserved. As the owner neared retirement, he downsized the business to its current size because he wanted to lessen his work load and avoid adding more techs. Currently he his two full time techs and an office manager. There is unmet demand and the new owner can quickly grow the business.
Reason for Selling:
Retiring. Kindly ask the seller for more information.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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