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- RE: NYS Plumbing & Heating Company
- Contact: Anthony J.
Quick Facts
Asking Price: | $1,995,000 | |
Annual Revenue: | $744,387 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $313,734 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | $1,200,000 | |
Year Established: | Not Disclosed | |
Employees: | Not Disclosed | |
BBN Listing #: | 939961 | |
Broker Reference #: | 1395 |
Business Overview:
Established in the 1970’s, this family-owned business provides high quality plumbing and heating services to both commercial and residential customers. They bring valuable knowledge and extensive experience to all jobs.
24-Hour Emergency Service, Installations and Pre-Existing Repairs are warranted and done at affordable prices. An extensive referral network of general contractors, word-of-mouth referrals and a top Google rating attracts new customers as well as repeat business. They have built their stellar reputation by offering their clients personal customer service, return all calls and have been a part of their community for over 50 years.
Growth in revenue has been consistent year over year. There is room for growth as this company conducts limited advertising and is receiving more requests for service than they can handle.
Both owners are looking toward retirement, but are willing to stay on for a reasonable, negotiated transition period.
6 Months 2023:
Revenue: $ 422,198
SDE: $ 199,521
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Property Features and Assets:
Approximately 2 acre lot in neighborhood district with commercial center zoning. Multiple outbuildings including a single family home and commercial office space.
Market Competition and Expansion:
Demand for service exceeds bandwidth. Adding employees to meet demand may help the business grow exponentially.
Reason for Selling:
RetirementAdditional Details:
- The property is owned.
- 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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