Plumbing and HVAC Business for Sale

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South Shore Plumbing and HVAC Business For Sale
Asking Price:
$550,000

Gross Revenue:
$1,555,000
Cash Flow:
$182,000
(Seller's Discretionary Earnings)

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

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Description

This is a great opportunity to acquire a thriving plumbing/HVAC business. This business focuses on servicing residences and businesses with only 15% of revenues coming from work for a general contractor. The business has an active customer list with over 3,000 names. The business also has an extensive database of HVAC installations that a buyer could use to sell service contracts. The company employs 4 plumbers and 4 apprentices who are qualified to do all types of plumbing, heating, gas, and air conditioning installations and service. This is a long-established business that has built a solid reputation for reliability, quality repair, and excellent customer service. The owner has put a lot of time and dedication into the business for over 30 years, leading to name recognition and a repeat customer base. The company serves residential (90%) and commercial (10%) customers. It has an expertise in installing energy efficient heating and air conditioning equipment. The facility where the business is located is available for lease.

About the Business

Location:
Plymouth County, Massachusetts
Number of Employees:
10 FT/ 1 PT
Growth & Expansion:
Increased marketing would grow revenues and income. Converting from time and materials billing to a flat rate system would streamline billing and increase income. Service contracts could be sold to the customer base.
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About the Sale

Training/Support:
The seller will provide training and support to ensure a smooth transition
Seller Financing:
It is expected that a qualified buyer can obtain an SBA 7A loan with 10% down payment

Listing Info

ID:
1686837
Ad Detail Views:
278

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Business Listed by

Marc Gudema, CBI

BayState Business Brokers

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