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Commercial & Industrial Plumbing and HVAC Business

Orange County, NY
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Asking Price:$2,495,000
Gross Revenue:$3,134,930
Rent:$10,385/Month
FF&E:$264,000
Cash Flow:$647,912
Inventory:$50,000
EBITDA:$522,912
Established Year:1989
Listing ID: 2315847Listing provided by BizBuySell
BUSINESS DESCRIPTION

Well-Established in the Hudson Valley Region of New York

This business provides commercial and industrial plumbing and HVAC services in New York's Hudson Valley region. The company installs, services and repairs commercial plumbing systems, air conditioning equipment and systems, water heaters, industrial pumps, etc. In addition, they also provide regularly scheduled commercial maintenance services.

This company has always maintained a strong commitment to keeping up to date with the latest innovations and the latest state-of-the-art equipment. As a result, they are remarkably well equipped for a business of their size.

The business enjoys a great reputation, and is well known in the Hudson Valley region for its reliability, integrity and high-quality work. Consequently, they have a loyal customer base that looks to them as a valuable supplier, and refers new customers to them on a regular basis.

Over the years the company has developed a solid operational foundation by creating well thought out processes and procedures that contribute to the highly efficient day-to-day running of the business. In addition to these efficient processes, the buyer of this business will be getting a well trained and highly experienced staff and management team.

In addition, the buyer will also be taking over approximately $140,000 in Work-In-Progress jobs and $500,000 in Work Backlog jobs.

The fixed assets, and their estimated value, consists of Office Furniture & Fixtures ($7,500 est.), Equipment ($70,000 est.) and Ten Trucks & Five Trailers ($186,000 est.).

DETAILED INFORMATION
Location
Orange County, NY
Inventory
Included in asking price
Real Estate
Leased
Building SF
6,180
Employees
13
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The facilities consist of an Office Building (780 sq ft) and two Shops/Warehouses (5,400 sq ft).
Competition
Many of this company's smaller competitors concentrate on the residential market only. And many of their larger ccompetitors will not handle the same clients as this company because they are too small. Consequently, there are only 2-3 competitors in the region serving the same customer base as this business.
Growth & Expansion
There are significant growth opportunities for this company because the current market for commercial plumbing and HVAC serviices in the Hudson Valley region is robust and is expected to remain so well into the future. The solid operational foundation of this company puts it in a particularly strong position to handle whatever growth the new owner may bring to the business. In short, its well established operating systems will enable a new owner to increase production capacity significantly without having to make any new major capital investments.
Support & Training
The seller is willing to stay on for an agreed upon time period to train the buyer in the operation of the businesss, introduce the buyer to the company's customers and supplers, and share valuable knowlege that he has acquired over his many years in the industry. In short, the seller is absolutely committed to the future growth and success of the business.
Reason for Selling
Retirement
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Torella
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