Hot Listing
Home Services Provider - Heating Associated
Business Description
Great Growth Potential
This niche service business provides services directly to homeowners and businesses. In addition to providing door-to-door services, the company has recurring revenue tied to annual programs and the sale of its proprietary products. For over 50 years, it has served Massachusetts, Southern New Hampshire, and Rhode Island. By expanding deeper into its current space and to other areas in New England, the business has the potential to grow exponentially.
About the Business
- Years in Operation
- 67
- Number of Employees
- 7
- Currently Relocatable
- Yes
- Facilities & Assets
- The business operates in a leased 7,150 sq ft light industrial building owned by the Owner in a separate entity. The current rent is within the average range in the area. The property is available for lease or purchase.
Easily relocatable. Business is available for purchase and relocated. - Market Outlook / Competition
- - Limited regional competition.
- Longstanding clients who rely on the company.
- 30% of annual revenues are recurring.
- Service could be expanded throughout New England.
- Less than 3% market share in Massachusetts
- Programs sold nationally could also be expanded.
- Trained licensed employees in place.
- The business could be regionally relocated.
- Tuck-in or Bolt-on opportunity for an Oil Heat distributor/dealer. - Opportunities for Growth
- . For over 50 years, it has served Massachusetts, Southern New Hampshire, and Rhode Island. By expanding deeper into its current space and to other areas in New England, the business has the potential to grow exponentially. Expansion of products sales possible through greater internet activity.
Real Estate
- Owned or Leased
- Owned
- Not included in asking price
About the Sale
- Seller Motivation
- Seller wants to pursue opportunities in manufacturing.
- Transition Support
- The seller will assist in the transfer of the business.
- Financing Options
- Some seller financing available to a well-qualified buyer.
Listing Info
- ID
- 2260741
- Listing Views
- 3242
Listing ID: 2260741 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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