Plumbing and HVAC Company in Upstate New York
Off-MarketBinghamton, NY
Plumbing And HVAC Company In Upstate New York
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$970,000
$200,000
20.6%
2001
30+ Days
Customers
The company operates strictly residential with occasional light commercial jobs. Plumbing services include repairs, water heater replacements, water treatment, and well pump installation. The company services a 35-40 mile radius and recently started expanding further into new territories.
Customer Acquisition
Marketing efforts include SEO, pay-per-click advertising, Facebook marketing for generators, TV advertising, and occasional mailers.
Team
The business has been scaled down from 15 employees to a lean team of 1 office admin/secretary and 3 technicians, all W-2 employees.
Owner's Role
The owner occasionally handles estimates and focuses on business operations, spending approximately 2-3 hours per day physically in the office.
Reason for Selling
The owner, age 60, is looking to retire and move on from the business.
Contracts
The business maintains approximately 20–30 small ongoing service agreements with customers.
Real Estate
The company operates from a brick-and-mortar building that the owner personally owns and leases to the business. The building contains 6 units total, including two other businesses, three residential units, and the business HQ. The owner is open to selling the property but prefers to keep it. The facility includes an office and a garage for equipment storage; the company maintains minimal inventory and prefers to keep supplies on vehicles.
When Are You Looking to Sell
ASAP
Licenses Required
The company requires a master plumbing license.
Additional Notes
HVAC services cover residential repairs and replacement units. The company avoids large remodeling projects due to low margins.
Business ID: 1696
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