HVAC & Plumbing Business near Richmond, VA

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Can Also Purchase Real Estate!
Asking Price:
$495,000

Gross Revenue:
$675,000
Cash Flow:
$200,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$150,000
included in asking price

FF&E:
$249,000
included in asking price

Real Estate:
$650,000
not included in asking price

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Business Description

Highly Motivated Seller! This profitable plumbing, heating and air conditioning business has served their area for 28 years. They are a full service organization, with the owner holding Master’s Licenses to provide heating & air conditioning, plumbing, electrical and well services and is certified to work with gas systems as well. They are considered the region's “One Stop Supplier” for all services noted and provide 24 hour, 7 day a week coverage for the surrounding counties. They are the company that is called when fast, reliable and quality service is required. They also carry an extensive inventory to ensure quick response when repairs or replacements are needed.

About the Business

Location:
Virginia
Real Estate:
Owned
Building Sq. Ft.:
3,500
Facilities:
The business is located on a major thoroughfare in Central Virginia. The location consist of a remodeled office building with three offices, small kitchen and two bathrooms. The warehouse consist of 2,000 sq ft of racked storage area, a small office and two bathrooms. The two buildings sit on a 2 3/4 acre lot with ample parking for employees and customers.
Market Outlook/
Competition:
This business is considered to be the "Regional One Stop Shop" for plumbing, heating, air conditioning, well work and gas and has provided superior service to the surrounding residents, businesses and municipalities they serve.
Growth & Expansion:
The number one method of growing is to expand the number of teams serving the area, as the current owner turns away work due to lack of labor.
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About the Sale

Reason For Selling:
Owner wishes to retire.
Training/Support:
The current owner has a Master's license in HVAC, Plumbing, Electrical, Well and Backflow Prevention. He is willing to provide four weeks of training in the asking price and is willing to discuss a longer transition if needed. The current owner is willing to discuss a long-term support structure if needed at a mutually agreement compensation.

Listing Info

ID:
1631999
Ad Detail Views:
0

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Business Listed by

Gavin Raphael

Light & Raphael

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