This business is a highly profitable plumbing and HVAC business located in a small, Northern Lower Peninsula city. The 60+ years established, family-owned company is a dealer, installer, and service provider of plumbing and heating, ventilation, and air conditioning (HVAC) systems and equipment.
The company’s customer base consists of loyal commercial, residential, industrial, and institutional customers. The business sells and installs furnaces, air conditioners, boilers, stoves, fireplaces, sinks, faucets, toilets, and other related HVAC systems.
The licensed and professional staff including refrigeration experts, journeyman plumbers, and accredited mechanical contractors provides reliable service. Products and services are backed by preventative maintenance and extended warranties.
As an essential service provider, the Company remained open during the COVID-19 shutdowns with essential commercial and institutional work. Business has been booming as things have opened back up.
Real Estate/Facilities: 8,400 sq. ft. office and showroom for administrative operations and to display products and 20,000 sq. ft. warehouse and sheet metal fabrication shop. The inventory in the business is listed at $163,222.
Number of Employees: 21 employees
Year Established: 1959
Support/Training: Ownership is interested in staying with the business post-sale. Ownership will provide reasonable and customary transition assistance.
Reasons for Selling: Retirement.
Investment Highlights
(1) Well-Established Company with Loyal Customers
(2) Full-Service Capabilities & Limited Competition
(3) Highly Skilled Staff with Low Turnover
(4) Recession Resistant
Growth Opportunities
(1) Introduce Innovative Hiring Methods
(2) Favorable Long-term Industry Trend
(3) Bolt-On Acquisitions
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Upon doing so you will receive a link via email to review and sign our confidentiality agreement. Once signed we will be able to further the conversation and send you the confidential Offering Documents. Please contact [email protected] with any questions. Interested parties must demonstrate proof of financial capability, sign a Non-Disclosure Agreement, and answer a few questions related to their background and interests. Inquire today about this Leading Northern Michigan Plumbing & HVAC Company for sale!
