HS Listing ID-73627
Asking Price : 500,000
2023 Projected Gross Revenue : 739,618
2023 Projected SDE : 211,210
2023 Actual Revenue Jan – Oct : 599,800
2023 Actual Net Income : 170,746 (assuming rent of 2k per month)
2022 Gross Revenue : 540,147
2022 SDE : 177,060
BUSINESS HIGHLIGHTS
–Business was started in 2021, with 2022 being the first full year of operations
- This company ONLY does water heaters
- Business services Delaware, Maryland, and parts of PA
- 99% of work is residential (there is some light hotel work)
- 95% installs vs 5% service
- business comes from Facebook, Google, and corporate relationships
- 50% of revenue comes from corporate relationships
- Owner will need a plumber’s license
- Seller will stay on while new owner gets their license
Trucks included:
- 2023 Ford Box Truck – 30,000 miles
- 2022 GMC 2500 (4 door cab) – 50,000 miles
Organizational Structure:
– Owner works 15 hours a week on oversight and management
– 1 manager
– 2 full time techs
– 1 sub as needed
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
