130 yr. old Established Plumbing/Heating/Sewer Cleaning Co. for Sale

North East

130 yr. old Established Plumbing/Heating/Sewer Cleaning Co. for Sale
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Asking Price: $275,000

Cash Flow: $65,000

Gross Revenue: $250,000


FF&E: $140,000

Inventory: $70,000

Established: 1900

130 yr. old Established Plumbing/Heating/Sewer Cleaning Co. for Sale

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Business Description

Established turn key Plumbing/Heating/Sewer Cleaning Company

130 year old Plumbing and Heating Business for sale!
Owner retiring after 40 years!
This is a great Opportunity to Own A Successful Plumbing Company or Expanding Your Own Existing Business !
This family owned and operated residential and commercial Plumbing and Heating Business was established in 1890 has been doing business for over 130 years and is accepted and known to be one of the oldest established Plumbing and Heating Companies in the Tri State area !
The following services are offered and performed by our Staff and Technicians:
Plumbing; Heating; Sewer Cleaning; Air Conditioning; Oil Tank Abandonment - Removals and Remediation; Chimney Relining and Repairs; Water Filtration; Excavation; Environmental Abatement and Cleanup (Asbestos)Home Improvement and Wholesale Appliance Sales.
This company owns their own Domain Name (WWW.Wernerco.org) and Web site. Very well documented CUSTOMER LIST is held on a secure electronic database (names, addresses, phone numbers, accounts, etc.)
Their staff is highly respected, reputable, and well-known for their quality work and ability to handle complex jobs.
They have tremendous name recognition and brand awareness along with a loyal clientele.
The longevity of this business has shown that second and third generations use this service due to their reputation.
Our company continues to grow, due to referrals and repeat customers.
The outlook for this company is excellent due to our long standing history, steady consistent income and perfect track record, without any liabilities this growing industry will remain very profitable.
We currently work with three Realty management Companies who provide repeat business.
Signed preventative maintenance contracts extend till 2020 with renewals.
Owner is willing to help with transition.

Independent Business Valuation Report prepared by RSI Associates appraised the value of this Business between $290,000.00 to $350,000.00.

All additional information including review of our customer data base shall be furnished upon request with a signed confidentiality release agreement.

Detailed Information

Included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Assets are to include $75,000 of Inventory, $15,000 of Fixtures & Furnishings, $50,000 of Tools,Equipment & service truck.
Business is located in the Jersey City Heights within a densely populated area of mixed residential and commercial properties.
Growth & Expansion:
Business can be grown exponentially with the addition of added personnel and service trucks and advertising.
Support & Training:
Owner willing to help with transitioning.
Reason for Selling:
Business Website:
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Contact the Seller

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Business Listed By:
gary mingay

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