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Plumbing and HVAC Business

Plumbing and HVAC Business
Listing:
1620
SOLD!
Great Cash Flow Business
South Shore, Massachusetts
Revenue:
$1,555,000
Cash Flow:
$182,000
Asking Price:
$495,000
Business Description:

This is a great opportunity to acquire a thriving plumbing/HVAC business. This business focuses on servicing residences and businesses with only 15% of revenues coming from work for a general contractor. The business has an active customer list with over 3,000 names. The business also has an extensive database of HVAC installations that a buyer could use to sell service contracts. The company employs 4 plumbers and 4 apprentices who are qualified to do all types of plumbing, heating, gas, and air conditioning installations and service. This is a long-established business that has built a solid reputation for reliability, quality repair, and excellent customer service. The owner has put a lot of time and dedication into the business for over 30 years, leading to name recognition and a repeat customer base. The company serves residential (90%) and commercial (10%) customers. It has an expertise in installing energy efficient heating and air conditioning equipment. The facility where the business is located is available for lease.

Growth Expansion and Opportunities:

Increased marketing would grow revenues and income. Converting from time and materials billing to a flat rate system would streamline billing and increase income. Service contracts could be sold to the customer base.

Support & Training:

The seller will provide training and support to ensure a smooth transition.

Reason Selling:
Retirement
Employees:
10 PT / 1 PT
Terms:
A qualified buyer should be able to obtain SBA financing with 10-20% down.
Broker:

Marc Gudema

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