Garretts Plumbing Heating and Electric, LLC

Norton, KS (Norton County)

Seller Financing Available
Garretts Plumbing Heating and Electric, LLC
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Asking Price: $770,000

Cash Flow: $150,000

Gross Revenue: $798,000

EBITDA: N/A

FF&E: $350,000

Inventory: $350,000

Real Estate: $85,000*

Established: 1918

*not included in asking price.

Garretts Plumbing Heating and Electric, LLC

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Business Description

Garrett's Your Mechanical and Plumbing Contractor Since 1918

Garrett's Plumbing, Heating & Electric has been serving this area for over 100 years. We offer sales, service and repair to local homeowners, builders, contractors, hospitals and businesses. We include major brands including: Noritz, Kohler, A.O. Smith Water Products, American Standard, Carrier and Square D Electrical Products. Our well established customer base ensures the stability of the business and its integrity generates high local support.

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Detailed Information

Location:
Norton, KS
Inventory:
Included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
5,000
Employees:
7
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
1 story retail store with brick exterior walls, plaster and wood interior walls, rolled roof, concrete, carpet and tile floors, 2 man doors, 2 double doors, 2 rollup/sliding doors, alarm/security system, natural gas heating and refrigerated air conditioning. 1 warehouse (Home Based)
Competition:
We do approximately 60% of the market in Norton area. We are known as the problem solvers of the community. When a problem arises that can't be fixed by our competition, they contact us to correct the problem. We received many calls from customers to correct mistakes made by our competition. There are 3 main competitors in the Norton area for plumbing, heating & electrical.
Growth & Expansion:
Although the business has a substantial market share of its trade area, the potential to increase the customer base is good. The community supports the business to a high degree. Business can be expanded by expanding the service coverage area and adding more teams to do more work if desired.
Financing:
Negotiotable
Support & Training:
Will negotiate support and training of individual if needed.
Reason for Selling:
Wanting to retire
Home-Based:
This business is Home-Based
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Business Listed By:
Ted Sanko

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