Hot Listing

Residential Plumbing & HVAC Company Serving Central Michigan

Asking Price$3,500,000

Cash Flow
$612,438
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$3,240,167

Inventory$100,000
Included in asking price
FF&E$350,000
Included in asking price
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Hot Listing

Residential Plumbing & HVAC Company Serving Central Michigan


Asking Price$3,500,000

Cash Flow
$612,438
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$3,240,167

Inventory$100,000
Included in asking price
FF&E$350,000
Included in asking price
Business Description
Fantastic opportunity to own a multi-trade company that serves the Greater Lansing area. They are 90% residential, 10% commercial, with 20% new construction. The business split is 30% plumbing and 70% HVAC, with no refrigeration. They have flat rate pricing in place, 400 maintenance agreements, and approximately 3,700 active customers in their database. They have a CRM in place, use QuickBooks for their accounting system, and outsource the payroll to a CPA.
About the Business
Years in Operation
53
Employees
17
Facilities & Assets
Well Established HVAC and Plumbing company
Market Outlook / Competition
The HVAC & Plumbing industry is full of competition, however companies who take care of their customers remain busy year-round
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
4,500
Rent
$2,500.00 per month
Lease Expiration
5/16/2027
About the Sale
Seller Motivation
Retirement
Transition Support
Owner is willing to remain on short term to ensure a smooth transition
Listing Info
ID
2368435
Listing Views
1049

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Business Listed by: Patrick Lange Business Modification Group

Listing ID: 2368435 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.