Residential Water Heater Installation Business Including Trucks And Team For Sale - Business for Sale
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Residential Water Heater Installation Business in Delaware Area
DE, US
Added today
Residential Water Heater Installation and Service
Absentee / Semi-Absentee
Residential water heater installation business serving Delaware, Maryland, and parts of Pennsylvania, focused on installs for residential clients and including trucks and a team.
Key Information
Asking
$500K
Revenue
$600K
Earnings
$171K
Multiple
2.9x
Key Highlights
- 2023 actual net income: $170,746 (assuming rent of $2,000/month)
- Business started in 2021; 2022 was the first full year of operations
- Business services Delaware, Maryland, and parts of Pennsylvania
- 99% of work is residential; 95% installs, 5% service
- Trucks included: 2023 Ford Box Truck (30,000 miles) and 2022 GMC 2500 (50,000 miles)
- Owner works 15 hours per week; staff includes 1 manager, 2 full-time techs, and 1 subcontractor as needed
- Owner will need a plumber’s license; seller will stay on while new owner obtains license
Contact Info
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