Plumbing and Heating Supply

Location: New York flag
Industry: Construction Businesses, Building

Excellent opportunity for a smart investor

Asking Price

600,000

Annual Revenue

397,000

Annual Profit

151,359

FF & E

Not Disclosed

Inventory

200,000

Year Founded

2005

Number of Employees

1-10

Website

www.vrbeacon.
com

Reason For Selling

To concentrate on his new home construction business

This business is not relocatable.

This business is not home based.

Description of Business

This heating and plumbing supply business, located in Westchester County, NY, has grown sharply over the past two years and is poised for further growth. Excellent opportunity for someone in a position to finance larger inventory levels. Current owner has strong relationships with large potential customers that need to work with a supply house that carries more stock. Current owner will transfer these relationships to the right person.

Property Information:

Established plumbing & heating supply company. Almost $400,000 in sales in ’08 with adjusted earnings over $130,000. 1 full time employee, 1 part time. Large commercial customers. Excellent reputation. Purchase includes accounts receivable ($105k), inventory ($195k), client list and a non-compete agreement. Sales are growing sharply thus far in ’09 and have not been affected by the current housing market.

Competition and Growth Potential:

Excellent opportunity for buyer to grow business if they have the liquidity to finance more inventory. Current owner has relationships he will pass on that want to do significantly more business, but current owner cannot afford to finance the inventory.