Plumbing & Heating Company in NY

New York
Plumbing & Heating in NYS
Asking Price:$799,000
Gross Revenue:$799,731
Cash Flow:$383,927
Real Estate:$1,000,000
BUSINESS DESCRIPTION

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.


ATTACHED DOCUMENTS
Investment Summary.pdf Download

DETAILED INFORMATION
Location
Relocatable
Inventory
Included in asking price
Real Estate
Owned
Employees
2
Facilities
Mixed commercial and residential. Neighborhood district with commercial center zoning. Just under 2 acres with multiple buildings including a single family home.
Growth & Expansion
Although all calls are returned, some business is referred out due to lack of workers. Hiring of additional plumbers could help the business expand.
Support & Training
Seller will provide support and training for a negotiated period of time.
Reason for Selling
Owners are looking toward retirement.
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Anthony
Citrolo
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Anthony Citrolo