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- RE: White Mountains NH Water Services Business
- Contact: Jay Polimeno
Quick Facts
| Asking Price: | $250,000 | |
| Annual Revenue: | $346,427 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $80,115 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $35,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1992 | |
| Employees: | 1 | |
| BBN Listing #: | SB-59571 | |
| Broker Reference #: | NEWHAMP001-59571 |
Business Overview:
This water services company is located in the White Mountain region of New Hampshire and has been in existence for 34 years. The business is fully licensed and certified by the State of New Hampshire. They are experts when it comes to the laws, rules, regulations, and all aspects of operating any small or community water system. They specialize in small water systems and homeowner installations of filters and distribution systems and are also licensed pump installers. They also represent many water system owners for their link to compliance as required by both State and Federal water regulations. This company’s staff has the knowledge and resources to resolve water system challenges and get their customers back online quickly. They provide the services necessary to keep commercial and residential water systems legal and operational. They specialize in servicing businesses, homeowners and any small water systems although they also have the knowledge and resources to take care of large water systems as necessary. The business operates water pumping, treatment and distribution systems of all sizes. They serve small business and homeowner system installation and repairs, possessing regulatory compliance knowledge. They cater to community water systems and provide 24/7 service for their contracted customers. They service pumps and filters and offer repairs to pump, filter, and distribution systems.
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Property Features and Assets:
The office space is 800 square feet and there is also a storage building that the business uses which is 480 square feet. Rent for the space is $1500 per month and is owned by the seller who is willing to discuss office space modifications with a buyer, if requested. The office space includes an open office area, one enclosed office, and a kitchenette. The facility and all furniture, fixtures, and equipment are in fair to good condition.
Market Competition and Expansion:
The New Hampshire water service industry encompasses a mix of large investor-owned utilities, municipal providers, and specialized operators. While New Hampshire is a water-rich state, the cost of delivering that water is mounting due to severe underfunding in water infrastructure. State agencies estimate that hundreds of millions of dollars in investment are required over the coming decade to update aging distribution systems and treatment facilities. Nearly half (46%) of NH residents pull domestic water directly from the ground via private wells, necessitating a strong market for local filtration and softening companies Because NH strictly enforces the Safe Drinking Water Act, businesses must use licensed system operators for public water supplies (PWS). These companies manage compliance testing, well-house maintenance, and system construction.
Reason for Selling:
Retirement. Kindly ask the seller for more information.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more New Hampshire businesses for sale
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