Plumbing HVAC Service Only – No New Construction #1832

Details

Plumbing HVAC Service

Asking Price:
$350,000
Annual Sales:
$387,000
Cash Flow:
$141,787
Inventory: $0*
FF&E: $55,000*
Real Estate: N/A
Employees: 1 FT Owner
3 FT
Location: Larimer County
Reason For Sale: Semi-Retirement & Travel
*Included ** Not Included

 

Business Description

Pure service business for Larimer and Weld Counties in Colorado. Business has licensed technicians, trained office staff, and more work coming in every day. 90% Residential – 10% Commercial / 60% Plumbing – 40% HVAC. Company subcontracts excavation and sheet metal work to keep employees busy on profitable service work. Customers pay at time of service. Techs don’t work weekends or late evenings. Business is priced at 2.5 x last year’s Sellers Discretionary Earnings (SDE). YTD sales and profits are higher than same previous year period. Company does not advertise – business comes mostly from referrals and repeat clients. New Owner does not need to have a mechanical or plumbing license as the employee techs have them. Owner can focus on sales and business management.

Company now works out of a small lease office, but can move to a home office. Only needs one-car garage for tools and supplies storage. Office Manager works from home to take customer calls, enter books, and schedule the techs. Local market is extremely active for service work. Company can add trucks and more staff to increase output – demand is there already. Company could increase local sales further by advertising. Company does not need to add products or expand market size.

Represented by Bill Scott. Tell me more about this business.


Disclaimer: All information contained herein has been provided by the subject company, or its agent, to Front Range Business, Inc. (FRB); and while believed to be correct, said information has not been verified. Accordingly, FRB makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that FRB shall not be liable in any way for any loss or injury suffered by said recipient in connection with the delivery by FRB of this information. At all times, FRB is an agent for the seller and not for the buyer, unless a specific agreement exists for FRB to act as the buyer’s agent.
2018-07-23T09:36:35+00:00July 23rd, 2018|Businesses For Sale|