This plumbing & HVAC business was founded by its present owner over 40 years ago and services a growing customer base (200 new this year) within 50 miles of its NW OHIO (west of Toledo) office. Customers breakdown to approx. 60% residential, 35% commercial & 5% industrial with about a 50-50 split between plumbing & HVAC. It provides all types of plumbing & HVAC services including new construction, service work, replacement, repar, inspection, bathroom remodels, drain cleaning, sewer cleaning & sewer jetting. Substantial Service Contracts in place. Carries name brand lines.
About the Business
Number of Employees:
Present office and storage space available or new ownership can relocate.
Great reputation and always busier than can handle.
Growth & Expansion:
2019 major project anticipated ($1M) - large apartment complex construction project that it is already involved with. Also, Service Contracts always provide stream of revenue.
Experienced staff is in place and owner will provide transition assistance or stay on board with his licenses per new ownership's needs and wants.
Will consider to small degree.
Ad Detail Views:
Asking Price: $1,000,000 Gross Revenue: $2,000,000Cash Flow: Not DisclosedEBITDA: $400,000Inventory: $150,000 not included in asking priceFF&E: $125,000 included in asking priceReal Estate: Not Disclosed Share this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
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the seller or a business broker representing the seller. BizQuest has no interest
or stake in the sale of this business and has not verified any of the information
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