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Franchises For Sale

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
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.

Seller Details:

Ahmad Behjati
(203) 731-2400

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