Plumbing & Heating Co. and Building in Westchester County – 60 years in business!

Price: $2,200,000

Location: Westchester County, NY

Industry: Building and Construction

Listing ID: 1037

REPUTABLE, Second Generation Plumbing and Heating, Sewage and Drain Cleaning Company in business since 1963 servicing Westchester County and surrounding with ability to service NYC (NO HVAC). They have contracts with numerous towns in Westchester County to maintain all of their Schools and Municipal Plumbing needs. Capable of servicing large Commercial and Municipal projects as well as hundreds of Residential jobs. No limit to increasing revenues as there is a tremendous shortage for reputable plumbers. There are 11 company vehicles with KEY employees in place and well-trained managers and employees. 

Pre-Qualified for SBA 504 and 7A LOAN at 90% financing rate including the building.

Building is for sale at $650,000 in addition to the Business. Owner requires Business and Building to be purchased together.

$4M in the pipeline for the next 20 months.

Listing Details

Gross Revenue: $3,700,000

EBITDA: $707,000

Real Estate: $650,000

Lender Pre-Qualified?: Yes

Terms and Conditions?:

Seller requires business and real estate to be sold together. Pre-Qualified For SBA 504 and 7A LOAN at 90% financing rate including the building

Reason For Sale:

Retirement

Training & Support:

Will provide

Operation

Year Established: 1963

Employees: 30

Location

Facilities Information:

2,000 sq/ft Ground Floor and 2,000 sq/ft Basement