Established Plumbing & Heating Firm in Maine
Agent: Adam Pratt
Asking Price: $4,300,000
Phone: (207) 844-1456
Email: apratt@AtlanticBusinessBrokers.com
Active Listing
Established Plumbing & Heating Firm in Maine – SBA pre-approved!
This well-established and highly respected Plumbing & Heating business in York County, Maine, has been serving the needs of coastal home owners and builders for nearly 25 years. This deal is pre-approved for up to $3.9M in SBA 7(a) funds (subject to other SBA requirements).
The revenue mix is 98% residential, with approximately 65% new construction and 35% remodels and service. Several hundred seasonal homeowners trust these experts to “drain the pipes” in the fall and “turn the water on” in the spring.
The experienced staff of 4 consists of a Master Plumber, two Journeymen, and 2 Apprentices – also soon to be Journeymen. With 4 trucks, the firm is positioned for growth.
This business is highly profitable, generating more than $1M in owner’s net cash flow, and will be a great acquisition for a motivated plumber, a strategic buyer, or a private equity firm.
Main Bullet Points:
Asking Price: $4,300,000
Cash Flow: $1,442,938
Gross Revenue: $2,664,218
FF&E: $25,000
Inventory Value: $150,000 (Included In Sale)
Rent: $3000
Number of Employees: 4
Year Established: 1988
Real Estate: Real Estate For Lease
Support & Training: Seller will stay on post-transaction for up to 1 year.
Reasons for Selling: After 25 years in the business, the seller would like to retire.
Note: Cash flow and asking are based on LTM financials (7/31/24-8/1/25). Use of SBA funds likely will require a larger buyer equity injection than non-SBA funds, as the SBA looks at the previous calendar year.
