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Under Agreement Home Heating Industry In Worcester County For Sale

Worcester County, Massachusetts, US
Asking Price:
$450,000 (USD) Furniture / Fixtures included
Sales Revenue:
$1,395,000 (USD)
Cash Flow:
$218,000 (USD)

The Company has in excess of 60 years of experience serving the Heating Oil Industry. The Company manufactures, and sells a trademarked product and marketing service used in residential heating systems. The Company also operates an installation, replacement and removal of heating system components business.

Assets included in the sale consist of (6) 2017-2013 trucks, miscellaneous production equipment, office equipment and furniture, computer systems & software, intellectual property and the real estate.

This is a "turn-key business" as long-term customers, long-term employees including management, and assets are in-place. This business is an ideal roll-up into several business platforms inside the Heating Industry, as well as to an entrepreneurial spirited individual that has average marketing and customer acquisition skills.

Property Information

Location:

Worcester County

Premises Details:

Light industrial 7,152 sq. ft. single and two story buildings includes offices, production area, storage and warehouses.

Business Operation

Expansion Potential:

A new owner could increase revenues and profits by expanding marketing and sales efforts into neighboring New England States, as well as selling their products through internet channels.

Competition / Market:

There are no local competitors. Trade marked and registered products.

Reasons for selling:

Retirement

Employees:
8
Years established:
1958

Other Information

Support & training:

Seller supports transitional training to aid in a smooth transition.

Furniture / Fixtures value:
$225,000 (USD) - included in the asking price
Inventory / Stock value:
$77,000 (USD)
Related Documents:
Relocatable:
This business can be relocated.

Contact Information

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