MergerPlace

Plumbing and Heating Co.

not disclosed, New Jersey


  • Asking Price: $375,000
  • Gross Income: $443,009
  • Cash Flow: $220,136
  • Real Estate: Not Disclosed
  • Inventory: $1,000
  • FF&E: $35,000
  • Listing ID: #225015
  • Established: 1988
  • Employees: 2 FT

Business Description

Over $150,000 in cash flow!

General repair and maintenance plus new construction, with a backlog of work from dedicated commercial clients. The company works throughout Central and Northern New Jersey.

Add staff and watch the business grow! This is an ideal opportunity for a currently employed plumber to get out on their own or an EXISTING COMPANY looking to expand through acquisition.

Since 1988, the owner has built strong relationships with GCs and has a dedicated following. Plumbing and heating services - The company services are predominately New construction and remodels. Service, Repairs, and Maintenance - they do it all!

New construction and remodels coming from over 15 different general contractors. Take right over - currently have a backlog of business.

Low, low overhead... 2 dedicated seasoned employees plus additional crews available as needed.


Business Details

Primary Business Category: Construction - Building, Developing
Location: New Jersey
Metropolitan Area: not disclosed

Company Information

Year Established: 1988
Home Based: Yes
Franchise: No
Relocatable: Yes
Number of Employees: 2 FT

Financial Information

Asking Price: $375,000
Gross Revenue: $443,009
Cash Flow: $220,136
FF&E: $35,000
Inventory: $1,000
Seller Financing Available: No

Property Information

Facilities:

Home based. Low overhead.

Growth & expansion opportunities:

Hire additional staff plus advertise and offer repair and maintenance services in addition to the new construction.

Competition:

There are over a dozen contractors that use this company exclusively.

Reason for selling:

Relocating out of State.

Support & Training:

Will train for 4 weeks @ no cost Plumbing and heating services - The company services are predominately new construction and remodels. Service accounts for only 10 % of their sales. Kitchen and bath remodeling Water heaters HVAC services. More than half of the work is new construction and remodels coming from over 15 different general contractors. They currently have a backlog of business. NJ Plumber's master license is required and available as a Bona Fide Rep. The seller is committed to insuring a smooth transition of ownership. Bonded and Insured.

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

Russell Miller

Murphy Business Brokers