Plumbing, HVAC & Electrical Contractor

IL

American Plumber

Asking Price:$929,000

Cash Flow:$206,000

Gross Revenue:$1,588,500

EBITDA:N/A

FF&E:$448,000

Inventory:$275,000

Established:1954

Plumbing, HVAC & Electrical Contractor

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Business Description

This is a contracting business, which offers sales, installation and service in all three product areas. The business has an extensive database of +/- 3,800 customers that includes the categories of Home Builders, Contractors, Commercial, Residential, Schools, Churches and Municipalities.
Daily operations are conducted by a General Manager and a Service Manager, approaching 20 years with the company. The balance of the experienced work force’s tenure ranges from a recent hire to 30 years. An on-going Product Training (& Safety) Program, keeps the company’s techs up-to-date, on the latest technology.
Along with the individual businessman, as a prospective Buyer; this business presents an exceptional opportunity for a company, currently operating in any one of the three industries and/or product categories, to grow the business, through acquisition.

Detailed Information

Inventory:
Included in asking price
Employees:
13 - F.T.
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The business faclity is comprised of a total of 7,700 Sq.Ft., with a 1,000 Sq.Ft. as office. It is offered for lease at $ 1,780 per month, or an annual lease rate of $ 2.75 per Sq.Ft.
Growth & Expansion:
The business has fared exceptionally well, through recent recessionary times, with remarkably stable sales and earnings from year to year. Sales Revenue for January thru September of 2016: $ 1,521,900
Support & Training:
To be Negotiated
Reason for Selling:
Owner ready to Retire

Listing Statistics for Premium Members

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Mike Jansen, CBC, CSBA, BCA, CBA, AIBA

Business Listed By:
Mike Jansen, CBC, CSBA, BCA, CBA, AIBA

Province Group LC

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in the M&A Source. The M&A Source is comprised of highly trained Intermediaries who advise on the preparation, sale and/or purchase of middle market (~$2M+ in revenue) business opportunities.

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