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- RE: Hydronic Heating System Company
- Contact: Greg Wills
Quick Facts
Asking Price: | $215,000 | |
Annual Revenue: | $365,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $112,000 | |
Total Debt: | Not Disclosed | |
FF&E: | $36,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 1995 | |
Employees: | 2 | |
BBN Listing #: | 412413411 | |
Broker Reference #: | 202108 |
Business Overview:
New asking price. Motivated seller!Since 1995, this company has specialized in residential and light commercial hydronic hot water heating system. The company provides installation, upgrades, replacements and service of both heating systems and domestic hot water usage. The company has a sterling reputation within their service area for responsiveness, technical expertise, exceptional work, competitive pricing and customer focused service.
This company has not been impacted by COVID! In fact, business is booming.
The founder/owner’s goal is to mentor a new buyer, ensure they are successful and can take this company to the next level. The company currently generates more business than the current owner can handle.
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Property Features and Assets:
800 square feet leased facility.Market Competition and Expansion:
Competition: Very few other businesses in the area that specialize in this type of work or have the reputation this company enjoys. Relatively easy to beat “generalists” on bids. Growth and Expansion: A new owner will have many opportunities for growth including adding technicians, expanding geographically, leveraging plumbing opportunities and accepting all of the work that currently comes in.Reason for Selling:
RetiringAdditional 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
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