Moars Plumbing And Heating Business For Sale

Business description

This established plumbing contracting company offers residential, commercial and industrial services. The company currently operates seasonally from April 1st to November 30th. Operational information includes turn key operational shop, expansion opportunities, steady revenue and healthy profit trend, repeat clientele, well-trusted and long standing reputation, and the location offers easy access to a wide area.

The target market includes seasonal cottage owners, year round residents, and new construction. According to CMHC’s Renovation and Home Purchase Survey, 50% of households performed a renovation in 2009, and one of the most popular renovations was plumbing fixtures and equipment at 16%.

Revenues and profits have remained steady over the past 4 years with Discretionary Earnings margin averaging from 55%.

Business Operation

Expansion potential:

There are opportunities to grow through an active sales campaign, expanding season to include winter, or expanding operations to include new construction and/or heating service.

Reasons for selling:

Retirement

Employees:

3

Years established:

1959

Other information

Support & training:

To be negotiated