Established in the 1970s, this family-owned business has been delivering high-quality plumbing and heating services to both commercial and residential clients for over 50 years. With a wealth of knowledge and extensive experience, they tackle every job with precision and care. The company offers 24-hour emergency service, installations, and pre-existing repairs, all at affordable prices. Their commitment to personal customer service, including promptly returning all calls, has earned them an outstanding reputation in the community.
A strong referral network of general contractors, word-of-mouth recommendations, and a top Google rating continually bring in new customers and repeat business. Despite limited advertising, the company has consistently grown its revenue year over year. In fact, demand is so high that they often have to turn away work, presenting a clear opportunity for further growth.
With both owners looking toward retirement, they are open to staying on for a negotiated transition period to ensure a smooth handover. For the first nine months of 2023, the business generated $678,806 in revenue, with Seller’s Discretionary Earnings (SDE) of $386,122. This is a rare opportunity to acquire a well-established, profitable business with deep roots in the community.
$1,995,000
| Gross Revenue | Cash Flow | EBITDA | Inventory | FF&E included in asking price | Real Estate included in asking price |
| $744,387 | $313,734 | Not disclosed | Not disclosed | Not disclosed | $1,200,000 |
About the business
| Location: | New York |
| Year Established: | 1970 |
| Facilities: | The property is located within a neighborhood with commercial zoning. 2 acres of developable land with rental house and house that business operates from. |
| Market Outlook / Competition: | Very limited competition exists in the area. The reputation of the business is excellent. All calls are returned, however, many calls cannot be addressed due to higher demand than they are able to respond to. |
| Growth & Expansion: | Exponential growth opportunities abound. |
About the sale
| Reason for selling: | Retirement |
| Training / Support: | Support and training to be negotiated. |
Get in touch!
