Plumbing & Heating, 60 Years Strong! Great Accounts

Price: $1,500,000

Location: Westchester County

Industry: Building and Construction

Listing ID: 10182023

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 w/ big opportunity to add on). 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 managers and well trained employees in place.

$7M in the pipeline for the next 20 months.
30+ employees
Owner’s weekly hours 10 +/- (remote)

Listing Details

Gross Revenue: $3,150,000

Cash Flow: $525,000

EBITDA: $525,000

FFE: $175,000 (Included in Price)

Inventory: $40,000

Terms and Conditions?:

Business is for sale with the real estate, priced separately

Reason For Sale:

Retirement

Training & Support:

Will provide. Key managers and employees are in place

Operation

Year Established: 1963

Employees: 30+

Managers: yes

Location

Square Footage: 2,000 sq/ft

Facilities Information:

2,000 sq/ft building + 2,000 sq/ft basement