Price: $799,000
Location:
New York
Industry:
Plumbing,
Plumbing & Heating
Listing ID: 1395
View One Page Summary
Real Estate Sold Separately
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.
Both owners are looking toward retirement. One owner willing to stay on 12-18 months.
Listing Details
Revenue: $799,731
Cash Flow: $383,927
Real Estate: (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. One is willing to stay on for up to 18 months.
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.
