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HVAC Businesses, Plumbing
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Residential Plumbing & HVAC Company Serving Central Michigan

Michigan, United States
listing image
Asking Price$3.50m
Revenue$3.24m
EBITDA-
Cash Flow$612k
Description
Fantastic opportunity to own a multi-trade company that serves the Greater Lansing area. They are 90% residential, 10% commercial, with 20% new construction. The business split is 30% plumbing and 70% HVAC, with no refrigeration. They have flat rate pricing in place, 400 maintenance agreements, and approximately 3,700 active customers in their database. They have a CRM in place, use QuickBooks for their accounting system, and outsource the payroll to a CPA.
Real Estate
Rent is $2,500 per month
Building Size: 4500 sq. ft.
Furniture Fixtures & Equipment
$350k
Inventory
$100kIncluded in Asking Price
Number of EmployeesFull-Time: 17
Year Established
1972
Reason Selling
Retirement
Facilities & Assets
Well Established HVAC and Plumbing company
Support & Training
Owner is willing to remain on short term to ensure a smooth transition
Market & Competition
The HVAC & Plumbing industry is full of competition, however companies who take care of their customers remain busy year-round
Asking Price$3.50m