Established Plumbing, Heating, Gas Provider, Massachusetts
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Asking Price
$600,000
Detailed Information
Massachusetts (Relocatable)
Business Description
Operating in Western Massachusetts for over 30 years, this established plumbing, heating, and gas piping provider boasts a strong track record with Gross Profit Ratios consistently above 45%. Their service mix includes 80% residential work and 20% commercial projects spanning hotels, restaurants, and dentistry. The success in maintaining high profitability levels is attributed to their unique Flat Rate pricing system, resulting in increased profits across 1,100+ job tasks. While historically achieving sales of around $800K, the current owner has chosen to scale back, generating revenues of $554,955 in 2023. Despite this, the business still yields healthy Discretionary Earnings of $190,794 and an EBITDA of $119K. With potential for rapid expansion through low-capital investments, there are growth opportunities in new construction projects within the region, leveraging the proximity to the Connecticut border to extend service reach. The home-based operation includes a leased 1,500-square foot garage with 4 b
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Listed By:
Name : Jason Hullender
Phone Number : Show Phone number
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