Hot Listing
Busy Plumbing Business in Booming Residential Market Expandable to NYC
Business Description
Established plumbing contractor business in mid – upstate NY, approx 60 miles from NYC.
With close proximity to NYC this area is the home base for warehouse and distribution as well
light manufacturing. In addition, the surrounding areas in mid-upstate NY are target
governmental development zones. As a result, the area has seen substantial growth in
commercial and residential development and seller has consistent recurring business with
key developers in the area with no end in sight. The principal is looking to retire and is ready to
turn the business over to a motivated owner. There is a significant opportunity to expand into NYC and take this
business to the next level.
With close proximity to NYC this area is the home base for warehouse and distribution as well
light manufacturing. In addition, the surrounding areas in mid-upstate NY are target
governmental development zones. As a result, the area has seen substantial growth in
commercial and residential development and seller has consistent recurring business with
key developers in the area with no end in sight. The principal is looking to retire and is ready to
turn the business over to a motivated owner. There is a significant opportunity to expand into NYC and take this
business to the next level.
About the Business
- Years in Operation
- 35
- Employees
- 12
- Facilities & Assets
- No facilities necessary as supplier arrangements provide for delivery to job site and there is
no need to store inventory.
The business owns 3 brand new Ford Mavericks which the project manager leads use and all are
included in the price.
There is minimal equipment necessary. There is no earth moving necessary as all project work
is above ground. Employees own almost all tools necessary for the jobs. - Market Outlook / Competition
- Substantial revenue comes from new and existing residential units and commercial sites,
Alfieri does business with many of the GC’s and developers on these projects.
Pipeline of revenue will carry the business into late 2026 –early 2027 (see attached). The
seller will accept an earn-out structure for a portion of the purchase price based on all signed
but uncompleted contracts. Earn-out payments to be made when they are completed. - Opportunities for Growth
- This is a low overhead business which provides maximum sales leverage. There is ample room
to grow revenues. Project pipeline is lined up and will take well into 2027 to complete. After
the residential construction is complete there is/will be service call business to be earned. The
current owner makes service calls but does not bid on contract service work
This is a fantastic opportunity to expand through acquisition to capitalize on residential
expansion from dense NY urban zones into outer NY suburbs.
For investors looking into the New York ma
About the Sale
- Seller Motivation
- Business is exploding - seller wants to retire and sell business to aggressive o
- Transition Support
- The current owner purchased the business over 30 years ago and is now looking to
retire.
The business is growing, and seller believes the opportunity to grow the business is
best left to a highly motivated buyer.
The seller will stay on as licensed Master Plumber until earn-out is complete. or longer - Financing Options
- Seller will accept the portion of the purchase price from pipeline contracts on an ea
Listing Info
- ID
- 2336525
- Listing Views
- 1850
Listing ID: 2336525 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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