NYS Plumbing & Heating Company with Optional Real Estate

NYS Plumbing & Heating Company with Optional Real Estate

Price: $799,000

Location: New York

Industry: Plumbing, Plumbing & Heating

Listing ID: 1395

View One Page Summary

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 receives more requests for service than they can respond to causing them to divert business elsewhere.

Sold separately are, property just under 2 acres with commercial office space & zoned apartment rental on
2nd floor. A single family, 2 story rental, and additional outbuilding.

Business & Real Estate sold together: $1,799,000

Both owners are looking toward retirement, but are willing to stay on for a reasonable, negotiated transition period.

Listing Details

Revenue: $799,731

Cash Flow: $383,927

Real Estate:$1,000,000 (Not Included in Price)

Reason For Sale:

Retirement

Training & Support:

Owners are willing to stay for a reasonable and negotiated time to ensure a smooth transition.

Operation

Employees: 3 full-time, 3 part-time employees

Managers: 1 Office manager

Location

Type of Location: Mixed commercial and residential

Square Footage: 2 acres

Relocatable?: Yes

Facilities Information:

Neighborhood district with commercial center zoning. Just under 2 acres with multiple buildings including a single family home.

Anthony Citrolo

anthony@thenybbgorup.com
631-390-9650 xt. 100
Address:
The NYBB Group
25 Melville Park Road Suite 82 Melville, NY 11747

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