High Profit Residential Plumbing and Heating Company

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Asking Price:
$1,300,000

Gross Revenue:
$1,253,867
Cash Flow:
$595,401
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$15,000
included in asking price

FF&E:
$1,879,476
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Beginning operations in 2000, the Company specializes in residential plumbing service/repair along with remodels and new construction. The Company also provides service/repair and replacement along with new installations for hydronic systems. Mechanical piping for LP, natural gas and air systems are also performed. Some light commercial work is performed, but the focus is mostly residential. The Company has excellent customer reviews and a with a loyal and solid customer base.

About the Business

Location:
Montana
Year Established:
2000
Number of Employees:
7 FT/1 PT
Facilities:
The business is located in property owned by the Company and centrally located in town. The Company leases back the building. The property could be available to purchase or a favorable lease will be made available prior to Closing.
Market Outlook/
Competition:
Competitive marketplace but growing and quality shops are not as common. Industry demand continues to grow. According to First Research Reports the industry is expected to grow at a compounded rate of 6% from 2018 through 2022.
Growth & Expansion:
The demand for the Company continues to grow. Although the Company does offer many modern services, the industry as a whole will continue to see additional growth in "green" plumbing, user friendly/wireless systems and water purity/filtration along with continued efficiencies in heating and water systems.
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About the Sale

Reason For Selling:
Pursue other interests.
Training/Support:
Will train for 2 weeks @ $0 cost.
On staff Master Plumber. Sales and customer service. Basic construction knowledge or background helpful.
Seller Financing:
Lender pre-screened with $130k down.

Listing Info

ID:
1572095
Ad Detail Views:
9

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Business Listed by

Ken Bohenek

Murphy Business & Financial Corporation
License# SP42063

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Sponsoring Broker:

Rodney R. Wolfe, CMA, CCIM, CMAI, BCI
Murphy Business & Financial Corporation
License# LC38655


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