Family-owned plumbing/heating business, offering 24/7 service. Located in [City, State].
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Asking Price
$899,000
Detailed Information
Business Description
Established in the 1970s, this family-owned plumbing and heating business offers high-quality services to both commercial and residential customers, backed by valuable expertise and years of experience. They provide 24-hour emergency service, installations, and repairs at affordable rates. A strong reputation built on personalized customer care, quick response times, and over 50 years of community presence has led to consistent revenue growth. With limited advertising, the company still experiences high demand for its services, indicating potential for further expansion. They have a robust referral network and top Google rating, attracting new customers and retaining existing ones. Additionally, the business includes a property with commercial office space, apartment zoning, a rental unit, and an outbuilding. The owners, considering retirement, are open to a negotiated transition period to ensure a smooth handover of operations. Projected revenues for the business in 2023 stand at $678,806, with a Seller’s Discretionary Earnings (SDE) of $386,122.