Sold
60 Year Old Michigan HVAC and Plumbing Company
60 year old heating, air and plumbing company. Incredible online reviews, fantastic relationships in place and well trained staff.
35% plumbing
65% HVAC
95% residential
No new construction exposure
Over 5000 customers in database
Over 600 active maintenance agreements
Listed By: Patrick Lange
Background information
Reference:
781-00067
Year established:
1962
Reason selling:
Retirement
Finance
Sales:
$2,335,962
Profits:
$392,691
Operations
Employees:
15
Equipment:
Included in asking price $600,000
Inventory:
Included in asking price
Premises
Facility:
Centrally located
Square footage:
10000
Rent and lease terms:
$2,400 per Month
Price and terms
Price:
$1,400,000
Training:
Owner is willing to remain on to ensure a smooth transition, however they are not looking for a full time position.