This is an asset sale of a well-established plumbing and HVAC services
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Established Plumbing & HCAC company providing services in the Minneapolis metro area and throughout Central Minnesota. 80% of revenue is from multifamily and 20% single family residential. This company has a 25-year history of delivering high-quality, timely services. Known for its hands-on management, experienced staff, and diverse product knowledge. The company operates with financial independence and maintains strong industry relationships. It currently has contracts with 4 multifamily property management companies that manage 124,000 apartment units. It operates with the following licenses: master plumbing, master heating, universal refrigeration and high-pressure steam engineer. There are 14 full time employees and 3 part-time.
About the Business
- Years in Operation
- 25
- Employees
- 17 (14 Full-time, 3 Part-time)
- Facilities & Assets
- The company operates from an 8,000-sf main office which accommodates 17 staff members and a 1,000+/-sf warehouse used for materials storage. Both buildings are included in the sale.
- Market Outlook / Competition
- The company differentiates itself through its non-union rates, open-shop structure, and ability to provide both small-business responsiveness and large-scale capabilities. Its reputation, experience, and established relationships with contractors give it a competitive edge in securing projects. Pricing is typically mid-range, with past performance and word-of-mouth referrals driving new business.
- Opportunities for Growth
- Expansion opportunities include broadening geographic reach, diversifying service offerings, and leveraging existing industry relationships. Growth can also be achieved through networking with related service providers, participating in professional associations, and capitalizing on the expansion of partner contracting firms. The recent hiring of three experienced team members supports scalability.
Real Estate
- Owned or Leased
- Owned
- Included in asking price
- Building Sq. Ft.
- 9,000
About the Sale
- Seller Motivation
- Original owner looking to pursue other business interests
- Transition Support
- The business is positioned for continued success under new ownership, with established systems, a loyal customer base, and growth potential in both existing and new markets. This is an excellent opportunity to acquire a company with a strong background in the highly profitable multifamily sector.
Listing Info
- ID
- 2435082
- Listing Views
- 330
Listing ID: 2435082 The information on this listing has been provided by either 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 and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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