Hot Listing

Plumbing & Heating, Strong Management! Westchester County, NY

Asking Price$2,650,000

Cash Flow
$950,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$4,000,000

Inventory$50,000
Not included in asking price
FF&E$175,000
Included in asking price
Real Estate$850,000
Included in asking price
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Hot Listing

Plumbing & Heating, Strong Management! Westchester County, NY


Asking Price$2,650,000

Cash Flow
$950,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$4,000,000

Inventory$50,000
Not included in asking price
FF&E$175,000
Included in asking price
Real Estate$850,000
Included in asking price

Seller Financing Available
Business Description
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.

$6 Mil+ in the pipeline for the next 24+ months (and growing)
30+ employees with strong management
Owner's weekly hours 12 +/- (semi absentee and remotely run)
About the Business
Years in Operation
62
Employees
30
Facilities & Assets
2,000 sq/ft building + 2,000 sq/ft basement. Available for lease ($6,000 / month) or purchase (Est. $850,000)
Market Outlook / Competition
Huge growth potential with constant demand in the counties north of NYC. Business is highly rated and has a reputation for quality and reliability with strong industry relationships.
Opportunities for Growth
Many new constructions projects available as well as big growth in residential work for Westchester County and surrounding areas. Seller's focus for growth is on both new construction and residential business in Westchester, Putnam, and Dutchess counties primarily.
Real Estate
Owned or Leased
Owned
Included in asking price
About the Sale
Seller Motivation
Retirement, but is seeking to stay on for a longer-term transition and can help
Transition Support
Will provide, Key managers and office administrator in place. Owner will stay on for 3 to 4 years to consult on sales and operations.
Financing Options
Seller financing terms available.
Listing Info
ID
2033056
Listing Views
11559

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Business Listed by: Paul Vassallo Inbar Group Inc - Business Brokers and M&A

Listing ID: 2033056 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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