Asking Price $1,800,000
Financial Information
Revenue: $2,261,252 Income: $1,245,861
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29-Year-Old Plumbing and Heating Company with Residential and Commercial Customers

Reputation for Excellent Service in Rapidly Growing Area with Many Opportunities for Expansion

Plumbing business in a thriving mountain town with strong, consistent financials and thriving client load.

Purchase Considerations

  • Company provides plumbing and heating services including installation, maintenance, and repair for residential and commercial customers.
  • Business has two branches in Colorado. The owners are looking to sell their mountain branch which makes up 80% of total business revenue and profits.
  • The Company Generated $2.90 million in total business revenue in 2021 with $2.26 million of that coming from the mountain branch.
  • The Company has been in operation since the early 1980s.
  • The Company has a 2,200-square-foot office and shop which houses the company’s plumbing equipment as well as several branded trucks.
  • The Company has a decades-long reputation for excellent customer service, knowledgeable staff, and high-quality work.
  • Its services are in high demand as the County is growing rapidly.
  • Though high housing prices have caused staffing challenges for many businesses in the area, the Company has still been able to recruit and retain employees.
  • New owners will benefit from several months of advice and support from the current owner, plus customer introductions, during the transition.

Certain principals of Raincatcher are registered representatives offering securities and investment banking services through Britehorn Securities, a registered broker-dealer (member FINRA/SIPC). Britehorn Securities and Raincatcher are not affiliated entities.


Locations
regionLevel
Employees
5 Full-Time  
Years in Business
29
Asking Price
$1,800,000
Terms

Negotiable

Ownership
1 @ 50%  2 @ 50% 
Facilities
2,200 sq ft Shop with Off-Site Storage (Leased)
Reason For Sale
Owners are Preparing for Retirement