Leading Northern Michigan Plumbing & HVAC Company

***Special Note: In a victory for small business buyers, the recent $900BB stimulus bill directs the SBA to pay the first 6 months of new SBA 7(a) loans approved between February 1 and September 30, 2021 (up to $9,000/month). Our advice: Don’t wait. Find a quality business and get moving quickly. Banks will be busy this year and buyers that wait until July/August will likely lose out. 

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. The business has been booming as things have opened back up.

Additional Information

EBITDA: $820,500

Inventory: $136,554

Real Estate: Owned

Total Building Size: 28,400 sq. ft.

Seller Financing Available: Yes

Seller Note: Limited Seller-Financing Available for Qualified Buyers.

Number of Employees: 21

Year Established: 1959

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.

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

The BEST way to receive confidential information about this opportunity is to fill out the form below.

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 info@caldergr.com 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. Enquire today about this profitable plumbing and HVAC business for sale!

Financial Performance

  • Year End Dec 2020 Revenue

    $4,623,100

  • Year End Dec 2020 SDE

    $1,006,500

  • Equipment Value

    $1,000,000





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Calder Capital, LLC