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Commercial/residential Plumbing & Heating Services For Sale

Snohomish County, Washington, US
Asking Price:
$2,423,000 Furniture / Fixtures included
Sales Revenue:
$5,758,142
Cash Flow:
$730,975

The Company provides a wide variety of commercial and residential plumbing & heating services, working with residential and multi-family contractors. Working in the greater Seattle area, the Company has work through 2024. Experienced plumbing technicians accurately diagnose and repair plumbing issues. The Company offers complete commercial plumbing services including ground-up hotels, apartments, and commercial kitchens, very experienced in commercial tenant improvement jobs. The Company offers design and consulting services for commercial plumbing work. No job is too big or too small.

The Company designs and installs hydronic (hot water) and steam heating systems, as well as a wide variety of heating and hot water boilers.

Property Information

Real Estate:

Lease

Premises Details:

Located in a conveniently-located industrial area, the leased 2,200 sq. ft. building is a concrete tilt-up including a warehouse, office/kitchen space, storage and ample parking.

Business Operation

Expansion Potential:

The Company currently has work through 2024. It's the owner's opinion that growth would be seamless without the current labor shortage. As businesses increase capacity through new facilities, expansion in commercial construction activity will fuel demand for plumbing and heating installation services. In tandem, technicians will be called upon to fill long-term maintenance contracts and renovate existing structures' systems to reflect the increasingly eco-friendly priorities of the business world. The multi-family residential market will prove promising for plumbing/heating maintenance and repair services.

Competition / Market:

98% of the Company's services are provided in the Greater Seattle area where there are a plethora of plumbing & heating companies. However, few if any, measure up to the standards provided by the Company, is evident by the continuing referrals; website-only advertising; and STILL the Company constantly turns away work.

Reasons for selling:

Owner plans to retire and travel.

Trading hours:

Monday-Friday 7am-4:30pm

Employees:
24 FT/1 PT
Years established:
21

Other Information

Support & training:

Will train for 12 weeks @ $0 cost.

Financing available:

Lender pre-screened with $242,300 down.

Furniture / Fixtures value:
$180,366 - included in the asking price
Relocatable:
This business can be relocated.