Established Water Treatment Services Business

Norfolk County, MA
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Asking Price:$2,200,000
Gross Revenue:$3,195,529
Rent:$60,000/Year
Established Year:1988
Cash Flow:$1,117,822
Inventory:$100,000
FF&E:$250,000
BUSINESS DESCRIPTION

For over 35 years this business has been providing homeowners and businesses with solutions to common water usage problems. They have over 10,000 active clients in their database. They help customers solve water issues including hard water, taste or odor issues, chlorine levels, low PH, bacteria & viruses, iron staining, radon, arsenic & PFAS. They have a long standing partnership with the leading manufacturer of high quality water treatment products with whom they have exclusive distribution rights in MA & RI. Revenue comes from product sales, installation labor, recurring service on proprietary products, and bottle-less water cooler leases & recurring renewals. The products are installed by the company's on staff licensed plumbers.


DETAILED INFORMATION
Location
Norfolk County, MA
Inventory
Included in asking price
Real Estate
Leased
Building SF
3,000
Employees
16
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The building is leased and is approximately 3,000 sq. ft. which includes multiple offices, warehouse and storage space, and a service area. It is conveniently located to serve their MA & RI clients.
Growth & Expansion
With MA & RI territories, there are tremendous growth opportunities to continue to develop new customers. In addition,their database of 10,000 active customers presents ongoing service opportunities as well as potential customers for other home service projects that could be presented to them.
Support & Training
The seller is willing to work for the company post-sale if the buyer would like. If not, he will provide a transition to ensure the company’s continued success.
Reason for Selling
retirement planning
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Lincoln
Taylor
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Lincoln Taylor