High Profit Residential Plumbing and Heating Company

Represented below is an opportunity that has been rigorously vetted and prepared for the sale process.  We are regularly working with many opportunities that are not yet on the market or are outside of the area.  For additional information, simply inquire via the contact link in the ad, or call the listing agent. 

  • Asking Price: $1,175,000
  • Gross Revenue: $1,253,867
  • EBITDA: N/A
  • FF&E: $1,879,476
  • Cash Flow: $595,401
  • Inventory: $15,000
  • Established: 2000

Business Description

Income decline in 2019 is due only to owner’s choosing to reduce staff in order to be in the field more. Beginning operations in 2000, the Company specializes in residential plumbing service/repair along with remodels and new construction. The Company also provides service/repair and replacement along with new installations for hydronic systems. Mechanical piping for LP, natural gas and air systems are also performed. Some light commercial work is performed, but the focus is mostly residential. The Company has excellent customer reviews and a with a loyal and solid customer base.

Detailed Information

Inventory:
Included in asking price
Employees:
7 FT/1 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The business is located in property owned by the Company and centrally located in town. The Company leases back the building. The property could be available to purchase or a favorable lease will be made available prior to Closing.
Competition:
Competitive marketplace but growing and quality shops are not as common. Industry demand continues to grow. According to First Research Reports the industry is expected to grow at a compounded rate of 6% from 2018 through 2022.
Growth & Expansion:
The demand for the Company continues to grow. Although the Company does offer many modern services, the industry as a whole will continue to see additional growth in “green” plumbing, user friendly/wireless systems and water purity/filtration along with continued efficiencies in heating and water systems.
Financing:
Lender pre-screened with $117,500 down.
Support & Training:
Will train for 2 weeks @ $0 cost. On staff Master Plumber. Sales and customer service. Basic construction knowledge or background helpful.
Reason for Selling:
Pursue other interests.

Contact the Seller

Contact Ken Bohenek
Ken Bohenek

Business Listed By

Ken Bohenek

Murphy Business & Financial Corporation

208-268-0964

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