Plumbing & Heating, Strong Management! Westchester County, NY

Price: $2,550,000

Location: Westchester County

Industry: Building and Construction

Listing ID: P030823

Highly reputable, Second Generation Plumbing and Heating, Sewage and Drain Cleaning Company in business since 1963 servicing Westchester, Putnam, Dutchess Counties and surrounding areas with ability to service NYC. (No HVAC w/ big opportunity to add on). This is a multifaceted business serving larger scale new construction projects going out a few years, has contracts with municipalities in Westchester County for Schools and Municipal plumbing needs, along with highly profitable residential work. No limit to increasing revenues as there is a tremendous shortage for reputable plumbers and huge demand in the service areas. The business has strong assets including company vehicles, all the tools of the trade, sewer line jetting equipment along with Key Managers, admin staff, and very well-trained plumbers and helpers.

$10 Mil+ in the pipeline for the next 24+ months (and growing)
20+ employees
Owner’s weekly hours 10 +/- (semi absentee and remotely run)
Real Estate available.

Listing Details

Gross Revenue: $4,000,000

Cash Flow: $850,000

EBITDA: $850,000

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

Owner Hours Per Week: 10, remote

Employees: 20+

Managers: yes

Location

Type of Location: stand alone building

Square Footage: 2,000 sq/ft

Facilities Information:

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