Plumbing & Heating Provider, 30+ years, Western MA

Featured on BusinessForSale.com . 26 viewed

Asking Price

$600,000

FOR SALE - ACTIVE

Detailed Information

Location

Western MA, Massachusetts, 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

Established for over 30 years in Western Massachusetts, this plumbing, heating, and gas piping provider maintains Gross Profit Ratios exceeding 45%. The company primarily focuses on residential work, accounting for 80% of their projects, with the remaining 20% allocated to commercial undertakings such as hotels and restaurants. Their success is partially attributed to a unique Flat Rate pricing system developed by the owner, resulting in increased profits across more than 1,100 job tasks. Despite historical sales of around $800K, the current owner has intentionally slowed down operations, generating revenues of $554,955 for 2023 with Discretionary Earnings of $190,794 and EBITDA of $119K. The business offers quick turnaround opportunities with minimal capital investments required, with potential for growth in new construction projects within the region. Situated close to the Connecticut border, the company benefits from a broad service radius due to repeat customers and loyal referrals, maintaining consistent revenue streams. Additionally, the

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