Adjusted Net Income: $108,000
Furniture, Fixtures & Equipment included in price: $10,000
Inventory included in price: $5,000
Based on the year-to-date numbers, 2018 sales revenue is expected to be over $400,000!
This business has been servicing its clients in Calgary and surrounding areas since 2013 and gained respect and recognition of the industry. The business is growing primarily through word of mouth and referrals. With the professionally developed and SEO'd website, as well as 5-star Google reviews provided by customers, the business benefits from high rankings on Google search.
The majority of the business revenue is generated through service and maintenance work provided to new and existing clients. The business services both residential and commercial clients and is not exposed to the volatility of the oil and gas industry. A well-diversified client base and an outstanding reputation in the industry have contributed to the success of the business.
This is a home-based business that would best suit an experienced plumber/gasfitter looking to run his own business or a small to medium HVAC and plumbing contractor looking to expand and diversify his business with established clients. There is one highly-qualified licensed plumber on staff, who is set up as an independent contractor and who would like to stay and would be able to assist with the transition. Two additional experienced subcontractors are also available on an "as needed" basis.
The seller has agreed to assist the incoming buyer with the three months of training to accommodate for a smooth transition, and will also be available for consultations afterwards.
The business will be sold on an asset-sale basis. The seller is offering up to $40,000 of owner financing to a qualified buyer.