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Hydronic Heating System Company

Montrose, CO, USA
Updated 2 days ago
Established 1995

New asking price. Motivated seller! Since 1995, this company has specialized in residential and light commercial hydronic hot water heating system. The company provides installation, upgrades, replacements and service of both heating systems and domestic hot water usage. The company has a sterling reputation within their service area for responsiveness, technical expertise, exceptional work, competitive pricing and customer focused service. This company has not been impacted by COVID! In fact, business is booming. The founder/owner’s goal is to mentor a new buyer, ensure they are successful and can take this company to the next level. The company currently generates more business than the current owner can handle.

Employees

1 FT and 1 PT

Inventory

$40,000 (Included in price: Yes)

Listing Id

202108

Competition

Very few other business in the area that specialize in this type of work or have the reputation this company enjoys. Relatively easy to beat “generalists” on bids.

Financing/terms

The Seller will entertain offers of varying financial and legal structures.

Potential Growth

A new owner will have many opportunities for growth including adding technicians, expanding geographically, leveraging plumbing opportunities and accepting all of the work that currently comes in.

Support & Training

Seller will provide effective training and knowledge transfer to the Buyer in all matters relating to Company operations.

Reason for Selling

Retiring

Financials

Asking Price
$205K
RevenueMost Recent Year
$410K
Earnings (SDE)Last Reported
$105K
Assets ValueNot Included in Asking Price
$36K
Seller Financing
Not available

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