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Wholesale Trade

Well-Established Hydronic Heating System Company In Montrose

Montrose, CO, USA
Listed 111 days ago

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.

Location

1400 sf leased facility.

Employees

1 FT and 1 PT

Years Established

26

Support & Training

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

Expansion Potential

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.

Competition / Market

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

Inventory / Stock Value

$60,000 - included in the asking price

Reason for Selling

Retiring

Financials

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

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