Established Heating Company in Central Maine

Price: $465,000

Location: Central Maine

Industry: Service Businesses

Listing ID: cm082721

This is a well-established heating contractor in central Maine.
The company deals only with contractors, most of which are building modular homes.
One of those clients is doing 50 new builds per year, so business is booming. Contractors pay in 7 days, so there are no extended receivables.
The seller has outfitted a Ford F-450 with a custom box with a pipe threader, generator, tools and everything you’ll need to work in the field.
Located in central Maine, this is a place you can come to enjoy a great work-life balance. There’s a reason Maine is called Vacationland – and don’t forget that Maine is consistently rated as the safest state in the country!
Truck, tools and equipment are included. (seller will exclude a few personal tools)
Real estate: Not available. Seller works from his home and expanded garage.
Inventory is not included in the sale price.

Listing Details

Gross Revenue: $462,837

Cash Flow: $173,000

(Included in Price)

(Included in Price)

Terms and Conditions?:



Reason For Sale:

Retirement

Training & Support:

Seller will assist in the transition

Operation

Year Established: 1991

Days & Hours of Operation: Monday-Friday

Employees: 1

Location

Security on Lease: N/A

Lease Option: N/A

Monthly Rent: working from owners home

Relocatable?: Yes

Summary

Owner Qualifications:

Licenses: Maine Master Oil Burner Tech, Master Gas Burner Tech

Potential Growth:

Room for Growth
Add heat pump / mini-split installation.
Add pellet / wood / coal stove installation.
Consider adding plumbing services.
Consider offering services to residential customers.