* Included in Asking Price
The Company is a plumbing and heating contractor business, specializing in new construction, renovations and service repairs. Established 30 years ago, it has been under current ownership since inception, servicing the Collingwood and Southern Georgian Bay area. The business has earned an excellent reputation over the past 30 years for its expedient and reliable service, expertise in the industry, skilled and experienced staff, prompt response time, convenient hours and location, and competitive prices.
The business is a reputable and well-established contractor with 80% of revenues attributable to new construction and 20% to service repairs. Broken down further, 75% of the business is plumbing related and 25% attributable to HVAC, HRV and boiler installations.
The business has a TSSA Contractor Business License; Ministry of Environment Well License and Natural Gas and Propane Installers and Fitters licenses. The owner is responsible for sales, estimates, billings and scheduling. The business currently operates out of the Owners home, so operating costs are reduced dramatically.
The price includes 3 late model trucks (1 has a loan o/s) with aluminum tool caps along with all necessary power tools, ladders, chords etc., as well as an enclosed construction trailer. Shop inventory value varies depending on seasonality and work in progress.
The company maintains an extensive base of satisfied contractor and customer accounts with a moderate amount of advertising. According to management, there is a moderate amount of local competition to the business. Name recognition, honesty, integrity, quality of workmanship, reputation, longevity, established patronage and diversity are attributes that are associated with this company.
Management is primarily provided by the owner and is an owner-operated business. The Company currently has 1 F/T employee with over 20 years in the trade. The owner will remain for a period of time, to ensure a smooth transition, with time allotment and compensation to be determined.
This business is an excellent opportunity for a plumber looking for a lifestyle change and moving into the area or an existing company looking to expand market share in a growing market.
|Competition:||Little competition in the market area|
|Growth Potential:||Good potential, large geographic area|
|Training/Support:||Owner will provide|
Seller Reference #EBB-PLUMBING
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