50 Yr Established Plumbing & Heating Business

Business Opportunity for Sale
Also listed as Retail-Commercial
Catylist Listing ID: 30138521
Property Subtypes: Business Services
Building Size (RSF): See Agent
Gross Land Area: 0.48 Acres
Sale Price: $50,000
Ceiling: 14 ft.
Name of Establishment: Don Morin Associates, Inc. Plumbing & Heating
Business Website Address: http://www.donmorin.com/
Year Business Established: 1969
Gross Revenue: $984,000 (Annual)
Cash Flow: $80,000 (Annual)
Relocatable Business: Yes
Last Updated: 9/12/2018

Overview / Comments

Million Dollars in Sales 2015 & 2016 - Long established Plumbing and Heating business with impeccable reputation for sale. Founded in 1969, and ran by the founder every day, but at 82, it’s time to retire! The existing and loyal customer list makes this acquisition an immediate success. Over 2,850 customers in the customer data base, and over 850 transactions were invoiced in 2016. The business closed 12/31/17 but the answering service still is handling calls - 276 in March and 296 in April of 2018. The company handles residential and commercial plumbing and heating needs. The business is based on repairs and service and has been for the 48 years in business. In this market, the company is the number one contractor in water heater sales at FW Webb. It also offers a very solid commercial customer base, including all Cumberland Farms and Taco Bell stores in NH, and Dunkin Donuts stores in this market. This built in volume awaits the next operator of this business, who values quality service. Jump in & start making money day one! Business name, phone numbers, websites & customer lists included in the price - no building, vehicles or inventory. Existing location consisting of 1,300+/- SF of office and 800+/- SF of warehouse is available for lease. MAKE AN OFFER!

Attachments & Media

Additional Details

Nearest MSA: Laconia
County: Belknap
Industry Segment: Electr., Mech. and HVAC Contractors
Reason for Selling: Retiring
Value of Inventory Included ($): $15,000
Value of Furniture, Fixtures, and Equipment ($): $15,000
Value of Real Estate Included ($): $225,000

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,724 19,347 26,076
Median Age: 37.69 42.99 43.56
Households: 2,861 8,062 10,920

Contact

Photograph of Listing Agent

Kevin Sullivan

Weeks Commercial NECPE Member
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