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Plumbing and HVAC Business

Plumbing and HVAC Business
Listing
1620
SOLD!
Great Cash Flow Business
Acquired By
Industry Buyer
South Shore, Massachusetts
Revenue
$1,555,000
Cash Flow
$182,000
Asking Price
$495,000
Sold Price
$460,000
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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