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- RE: Commercial Plumbing & HVAC Company In NJ
- Contact: Aaron Coculo
Quick Facts
Asking Price: | $16,900,000 | |
Annual Revenue: | $13,575,714 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $4,034,348 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | Not Disclosed | |
BBN Listing #: | 990316 | |
Broker Reference #: | Not Disclosed |
Business Overview:
The business is a well-established commercial plumbing and heating company with a 30-year history of delivering high-quality, timely services. Known for its hands-on management, experienced staff, and diverse product knowledge, the company serves a broad range of industries, including retail, office, industrial, healthcare, public works, and institutional projects. Approximately 50% of its work is prevailing wage, and it is an approved vendor for all New Jersey public works and public school projects. The company operates with financial independence and maintains strong industry relationships.
Operations include new construction water and gas piping installations, large-scale water main projects, and general commercial plumbing services with an average project size of $150,000.
The owner seeks to reduce the significant time commitment and stress associated with running the business after 30 years of dedicated effort. As the sole owner and operator, he now aims to transition to a less demanding role.
The business is positioned for continued success under new ownership, with established systems, a loyal customer base, and growth potential in both existing and new markets.
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Property Features and Assets:
The company operates from a 1,100 sq. ft. main office which accommodates 4-5 staff members, and a 1,500 sq. ft. warehouse used for materials storage. Both facilities are leased. The business owns seven company vehicles
Market Competition and Expansion:
Competition
The company differentiates itself through its non-union rates, open-shop structure, and ability to provide both small-business responsiveness and large-scale capabilities. Its reputation, experience, and established relationships with contractors give it a competitive edge in securing projects. Pricing is typically mid-range, with past performance and word-of-mouth referrals driving new business.
Growth Opportunities
Expansion opportunities include broadening geographic reach, diversifying service offerings, and leveraging existing industry relationships. Growth can also be achieved through networking with related service providers, participating in professional associations, and capitalizing on the expansion of partner contracting firms. The recent hiring of three experienced team members supports scalability.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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