Profitable PA Plumbing & New HVAC Service! (17896)

Seller Financing Available

Opportunity for trade industry business owners and portfolio-building holding companies. Currently servicing SEVEN SE Pennsylvania counties, this established plumbing services company supports both residential housing (80%) and commercial (20%) projects. This provider offers emergency, sewer line, drain, pump and pipe services, to name a few. The business launched HVAC services (Heating, Water Heaters, & A/C.) with the goal to add a 20% service mix. The business sources on-demand raw material for low inventory costs. Their logoed vans have proven as effective marketing resources along with popular reviews and Google Ads keeping them at the top of search results. The owner was more involved in the business to focus on growth and optimization, otherwise offering light oversight for two managers from home. An experienced team of eleven nonunion employees with management in place is most likely to stay post-sale and continue operations with or without an involved owner. The Revenues for 2023 reached $2,550,562 in revenue (a 15% increase over 2022) next to an impressive Discretionary Earnings of $776,500. The company's well-kept shop and 4,000 square foot facility, located within a prime commercial center, features an office and warehouse. The property value is $550K, subject to appraisal, and can be leased or purchased. The great location can handle additional capacities in future expansions, supporting new optimization strategies. Additionally, consistent equipment maintenance and new equipment and trucks promise new ownership asset security. Jan to June 2024 revenue is $1,441,869, 14% above last year with SDE on track towards $1 million by year's end. Their website has a highly effective pay-per-click (PPC) advertising program and backed verbal referrals from a large and repeat customer base allow options to engage on social media. Enjoying strong profitability over industry standards and longtime client relationships, other opportunities exist in taking revenues to the next level, through local trade partnerships and possible streamlining approaches. Holding strong through inflation, this business is an excellent add-on to any portfolio.