Multi-Trade Commercial Mechanical Contractor - Business for Sale
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Commercial Plumbing & Mechanical Contractor in Southeast Michigan
Detroit, MI, US
Added 1 day ago
Commercial Mechanical and Plumbing Contractor
20 years in business
Retiring Owner
This business is a commercial plumbing and mechanical contractor in Southeast Michigan providing plumbing, HVAC, electrical, hydro-jet sewer cleaning, standby generators, and commercial pool construction and service to a variety of institutional, retail, hospitality, and multifamily clients.
Key Information
Asking
$7.0M
Revenue
$5.5M
Earnings
$1.3M
Multiple
5.4x
Key Highlights
- Established commercial plumbing and mechanical contractor operating in Southeast Michigan for over 20 years
- Current backlog is approximately $1,500,000, with an additional $1,500,000 in pipeline for next year
- SBA loan of about $1,000,000 at under 4% interest; buyer can assume or seller will pay off at closing
- New General Manager hired from a competitor with $15M in sales, intends to stay post-sale
Contact Info
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