Established Plumbing & Heating Business, 50+ Yrs Experience, Commercial, Residential Services - Available in [City], [State]

Featured on BusinessForSale.com . 7 viewed

Asking Price

$899,000

FOR SALE - ACTIVE

Detailed Information

Location

New York, US

Reason for selling

Not Provided

Real Estate

NA

QUICK STATS

BUYER ANALYSIS

Down Payment

% down

Payback Period

months

Annual Debt Service

% interest, year term

Cash Flow After Debt Service

Debt Service Coverage

x

COMPANY FINANCIALS

Cash flow

(% CF Margin)

Revenue

Furniture, Fixture &
Equipment

Inventory

Show more info

Business Description

This family-owned plumbing and heating business, with over 50 years of experience, offers high-quality services to commercial and residential clients. They provide 24-hour emergency service, installations, and repairs at affordable prices, building a strong reputation through personal customer service and a top Google rating. With consistent revenue growth, the business has potential for expansion, as they currently receive more service requests than they can accommodate due to limited advertising. The company boasts an extensive referral network and a history of community involvement, showcasing their commitment to customer satisfaction. Additionally, the business property includes commercial office space, rental units, and an outbuilding, offering potential investment opportunities. Both owners are planning for retirement but are open to negotiating a transitional period to ensure a smooth handover. In 2023, the company reported revenue of $678,806 and a seller's discretionary earnings (SDE) of $386,122.

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