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Boiler & Heating Services

Posted By:
R M Buehler
Posting ID:
Southern California
 repair   maintain   boilers   water   heating   equipment   plumbing 
Item Category:Business

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Boiler & Heating Services

ID Number: 08032
Primary Category: Niche Plumbing
Asking Price: $2.6M
Annual Revenue: $4M
Annual Adjusted Net: $645K
FF&E: $174K (included in asking price)
Inventory: $450K (included in asking price)

Summary Description

Recession-resistant, operates by contract, low customer concentration, 30+ year history and 80+ years of combined management experience.

This company has contracts with 1,000+ commercial clients in Southern California to service, repair and maintain boilers and water heating equipment.

They provide a niche service within the plumbing industry. The nature of their service is necessary and time-sensitive, making it recession resistant. For example, when a boiler or water heater breaks at a hospital, it must be fixed immediately.

The company has an excellent reputation over 30 years old. The current shareholder would like to retire, but will stay on for a transitional period. They pride themselves on high-quality, fair and honest service. Their techs are some of the most well-trained and experienced in the field. There is little to no customer concentration.

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