After 40 years of serving the Lakes Region, the owner of this established and profitable plumbing and heating business is ready to retire. He is prepared to stay on, as needed, to ensure a smooth transition for the right buyer.
This is a turnkey opportunity with a loyal 600-member customer base, consistent annual sales exceeding $300,000, and average discretionary earnings of $150,000 per year. Revenue is stable and predictable, backed by a strong reputation for quality work and exceptional customer retention. The recession-resistant nature of the business makes it a low-risk acquisition with immediate cash flow.
The customer mix is 95% residential and 5% commercial, with work orders split between new and rehab installations (60%) and service calls (40%). Ideal buyers include local or regional plumbing or HVAC companies looking to expand market share, journeyman plumbers ready to own their own business, construction companies needing reliable plumbing capacity, and home services businesses looking to broaden their offerings.
The business, including a 2022 Ford Transit van worth $35,000, goodwill, customer base of 600, supplier and customer lists, training during the transition to a new owner, and excellent reputation are available for an offering price of $395,000 plus the value of the inventory and supplies, approximately $1,500.
Additionally, the 5,668 sq. ft. (.13 acre) property suitable for the businesses’ operation is available at a market value of $165,000. The property has a one vehicle heated garage on-site and is a buildable lot.