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Growing Plumbing Hvac Business
Location Connecticut,United States
Asking Price Range < $250K
Gross Revenues $510000
Net Profit / Cash Flow $100000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2007
Number of Employees 1 - 3
Relocatable Yes
Number of Employees 1 - 3
Real Estate Leased
Training The owner's short-term role as an advisor is open to negotiation.
Reason for Sale The seller is looking to move out-of-state so he can teach his adult son the business.
Description For the right person, with the right skills, this is a great opportunity to strike out on their own or add a healthy book of business to their bottom line. This is a well-established plumbing and hvac company providing services to customers throughout Central Connecticut. They have over 100 active customers in their database and a large portion of their work consists of commercial business or referrals. The owner does some residential business but prefers developing repeat commercial clients.
They are known for their professional and responsive service.
Revenues over the last 3 years have grown from $288,000 to $510,000 with seller's discretionary earnings over $100,000. The company is profitable and there is lots of room to grow this business!
The owner currently runs the business out of his home and maintains a storage area and secure lot to park his apprentice's truck. The seller has one full-time employee and hires outside labor for larger projects.
The company can easily be relocated or incorporated into an existing business.
The owner's trucks are not included in the sale. The seller is anxious to relocate and willing to review all reasonable offers.
A buyer must have the appropriate licenses to perform residential and commercial plumbing and hvac services in the State of Connecticut.
Financials
Asking: $ 180,000
Gross: $ 510,000
Cash Flow: $ 100,000
Inventory: $ 5,000 (Not included in the asking price)
FF&E: (Included in the asking price)
Donald J. Dodd
Business Broker
(860) 878-9128
Click Here To Contact Seller
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