Agent: Adam Pratt
Asking Price: $4,030,000
Phone: (207) 844-1456
Email: apratt@AtlanticBusinessBrokers.com
Active Listing
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.
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 5 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 private equity firm.
Main Bullet Points:
Asking Price: $4,030,000
Cash Flow: $1,007,431
Gross Revenue: $2,060,000
FF&E: $25,000
Inventory Value: $75,000
Rent: $3000
Number of Employees: 5
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.
