Established, Profitable Plumbing Contractor. SBA Financing Available.

Seller Financing Available

SBA Financing Availalble.Growtn Opportunity

This plumbing contractor was originally opened by the present owner in 1991. The firm provides plumbing, heating, fire sprinkler & back flow prevention services, to residential and commercial accounts, Ownership holds Master Plumber licenses with NYC and North Hempstead.

An SBA lender has reviewed the deal and based on IRS data (without potential additional income) has indicated that with a buyer investment of $208K, financing of ~$1.77MM could be available to a qualified buyer. Obviously, they would prefer a buyer with plumbing experience.

The business provides well over 90% of its services within a 5-mile radius of the office, minimizing travel time for its crews. Ownership estimates that service represents 90% of the business and the balance is boiler installations and new construction

The company provides full-service plumbing repairs, alterations, and new construction. The firm is also recognized as an expert in hydronic and steam heating systems in residential and commercial buildings. The company has installed and serviced heating systems locally in properties ranging from 1,000 to 180,000 square feet.

The company also provides fire sprinkler service, repairs, alterations, and installation in Nassau County and performs fire sprinkler quarterly and annual inspections.

While fire sprinklers are presently a small part of the business, this service is highly profitable, and ownership believes has a high growth potential.

Alternatively to SBA financing, ownership is willing to provide attractive financing on a case-by-case basis to a qualified buyer at its sole discretion. An owner who is a licensed Master Plumber is willing to remain as an employee for several years to assure customer retention.

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