Business for Sale: Industrial, Commercial and Residential Piping and Plumbing Company

Business for Sale: Industrial, Commercial and Residential Piping and Plumbing Company

This company in Winchester, VA has been providing plumbing, piping and gas services to industrial, commercial and residential customers for over 25 years. They are known for their quality work, their reliability, and their outstanding customer service.

 Investment Considerations for a Buyer

  1. The company has a solid customer base with almost all business coming from existing customers.
  2. The company possesses excellent relationships with general contractors.
  3. The owners are willing to stay on for a defined period of time as needed.
  4. This is a perfect opportunity for someone with plumbing experience to own their own business.
  5.  Owners’ compensation for last five years averaged $165K
  6. Inventory, FFE and six vehicles are included in the asking price.

Asking Price: $449,000

Financial Metrics

2020 2019 2018 2017 2016
Revenue $841,179 $661,739 $736,505 $623,587 $1,138,288

       

This acquisition is an extremely desirable opportunity for a general contractor or other mechanical contractor to add on to their business or for a piping/plumbing company in a nearby county wishing to expand their territory.  Experience in construction, plumbing/piping or a related business is preferred.

Please contact Richard Stopa (RStopa@HarvestBusiness.com) at 703.307.1187 to discuss this business in more detail.

Click here for a Non-Disclosure Agreement and Finance Document.

Open with Adobe Reader, use their Fill and Sign Feature to complete and electronically sign the document, then return to RStopa@HarvestBusiness.com  We will then be able to discuss financial details and other confidential information about the business with you.

 

 

Disclosure: We have relied on information provided and approved by seller and make no additional representations or warranties. Buyers should review with their advisors as needed.


Clients choose Harvest Business Advisors for our sage advice on profitably growing their business, accurate business valuations, and when the time is right, a consistent ability to deliver a high price as part of a smooth exit transaction. Harvest Business Advisors provides business brokerage, business valuation, and business succession planning services.
We have extensive experience in the information technology and professional services, manufacturing, distribution, and contracting fields. We maintain offices in Maryland, New Jersey and Virginia. Connect with us at info@harvestbusiness.com or 877-838-4966 to discuss selling your business, ordering a business valuation or buying a business.
Business for Sale: IT Solution Provider/Government Contractor

Business for Sale: IT Solution Provider/Government Contractor

A highly regarded, comprehensive it solution provider and communications developer servicing select government agencies in a “niche” market. Fully operational since 2000.  Long-term client relationship with the agencies they support.

Benefits of Acquisition:

  • Experienced, long-term key management team with expertise in developing specialized enterprise software
  • Trained staff who provide day-to-day “managed services” support
  • Long-term federal contract
  • Multiple trademarked IP software platforms
  • Recurring annual revenue
  • Average annual revenue $800,000
  • Average historic annual SDE $365,000

Ideal Buyer:

  • An industry buyer seeking growth / diversification opportunities
  • An individual with an IT or general business/marketing background

Please Contact: Eddie Davis (EDavis@HarvestBusiness.com or 301-325-7687) to discuss this business in more detail.
Open with Adobe Reader, use their Fill and Sign Feature to complete and electronically sign the document, then return to EDavis@HarvestBusiness.com.
We will then be able to discuss financial details and other confidential information about the business with you.
Disclosure: We have relied on information provided and approved by seller and make no additional representations or warranties. Buyers should review with their advisors as needed

Clients choose Harvest Business Advisors for our sage advice on profitably growing their business, accurate business valuations, and when the time is right, a consistent ability to deliver a high price as part of a smooth exit transaction. Harvest Business Advisors provides business brokerage, business valuation, and business succession planning services.

We have extensive experience in the information technology and professional services, manufacturing, distribution, and contracting fields. We maintain offices in Maryland, New Jersey and Virginia. Connect with us at info@harvestbusiness.com or 877-838-4966 to discuss selling your business, ordering a business valuation or buying a business.

Business for Sale: Commercial Insulation Company

Business for Sale: Commercial Insulation Company

This firmly established (26 years) Commercial and Industrial Insulation Company is highly profitable and well-suited for growth and expansion. Based in the greater Baltimore-Washington area, the company is renowned for both its outstanding service and the quality of the insulation work the firm provides. Buyer will acquire a strong local presence with solid customer list.

Key features of the business:

  • Committed backlog report for all un-billed jobs as of May 12, 2021 is $1,789,326
  • Strong gross profit margin averaging 38.4 percent
  • Good relationships with clients and a high number of jobs from repeat customers
  • Growth industry in a fast-growing geographic region
  • Seller who is willing to train and assist the buyer with a smooth transition
  • All operational procedures established
  • As of 4/1/21 the company has bid on $10.7M worth of new work


    ASKING PRICE TO BE DETERMINED

Financial Metrics

2020 2019 2018 2017 2016
Revenue* $2,025,763 $3,312,960 $2,611,141 $2,897,438 $2,477,349
Gross Profit Percentage 31% 40% 38% 43% 40%
Seller’s Discretionary Earnings ($68,688) $462,216 $276,809 $608,615

$470,327

*Projected revenue for 2021 is between $2.7M and $2.9M

Please contact Richard Stopa (RStopa@HarvestBusiness.com) at 703.307.1187 to discuss this business in more detail.
Open with Adobe Reader, use their Fill and Sign Feature to complete and electronically sign the document, then return to RStopa@HarvestBusiness.com
We will then be able to discuss financial details and other confidential information about the business with you.
Disclosure: We have relied on information provided and approved by seller and make no additional representations or warranties. Buyers should review with their advisors as needed.

Clients choose Harvest Business Advisors for our sage advice on profitably growing their business, accurate business valuations, and when the time is right, a consistent ability to deliver a high price as part of a smooth exit transaction. Harvest Business Advisors provides business brokerage, business valuation, and business succession planning services.
We have extensive experience in the information technology and professional services, manufacturing, distribution, and contracting fields. We maintain offices in Maryland, New Jersey and Virginia. Connect with us at info@harvestbusiness.com or 877-838-4966 to discuss selling your business, ordering a business valuation or buying a business.

 

Value Drivers or Life Drivers?

Value Drivers or Life Drivers?

I recently caught up on some reading about the value drivers to consider when selling a business. The consistent message was, just focus on 5 or 10 value drivers and you’ll maximize the value of your business when you sell it. My reaction: there’s a lot more to “maximizing the value” than this.

When I meet with a business owner, I get to know the business history, the business strengths and weaknesses (i.e. the value drivers), and other key pieces of information. I’ll deliver an estimate of the business value and review it with the owner. And sometimes, the response is … “I understand it, but I’m not going to sell my company for that”. Translation, the owner just isn’t ready to go to market … regardless of the “value drivers”.

Here’s what I’ve learned over the past 20-years. When a business owner is considering “exiting” their business, something has happened in their world, something has changed…let’s call them the life drivers.

For instance:

  • A personal matter – health issue, financial change, moving somewhere
  • A family matter that needs attention
  • Concern about surviving the next “market correction”
  • Worry how the next surge/variant of COVID will impact business
  • Just not as attentive or as “connected” to the business
  • “I don’t know what it is, but something is keeping me up at night”

Here’s my point.

    • Value drivers matter but generally, life drivers are the real motivation
    • Life drivers are private and personal; sometimes hard to see them
    • Understand how the life drivers might impact the negotiation
    • In the end, the maximum value of the business is the result of good-faith negotiations by both parties. And there’s no list of value driver for that.

Like you, we’re small business owners. We get it, and we’d love to discuss it with you. Give us a call for a free consultation.  We appreciate the opportunity to help out.


This post was written by Eddie Davis, C.P.A., C.V.A. , Harvest Business Advisors partner.

 

Clients choose Harvest Business Advisors for our sage advice on profitably growing their business, accurate business valuations, and when the time is right, a consistent ability to deliver a high price as part of a smooth exit transaction.

 

Harvest Business Advisors provides business brokerage, business valuation, and business succession planning services.

 

We have extensive experience in the information technology and professional services, manufacturing, distribution, and contracting fields. We maintain offices in Maryland and Virginia. Connect with us at info@harvestbusiness.com or 877-838-4966 to discuss selling your business, ordering a business valuation or buying a business.
Business for Sale: Cleaning Services Company

Business for Sale: Cleaning Services Company

This business for sale is a five star, award winning, 31 year-old cleaning company in the booming Northern Virginia market. The business has fantastic public reviews, experienced employees, and tremendous growth potential.

All processes are in place for a new owner to come in and expand the business. The facility includes an administrative office, washers/dryers, cleaning supplies, and parking for the 13 business vehicles and employees.

This opportunity is especially-well suited for someone who wishes to expand their cleaning operation with a turn-key business or to add on to an existing home services business.

The company provides the following services:
• Residential cleaning – weekly, bi-weekly, monthly or on call
• Commercial cleaning
• Move-in and move-out services

Asking Price: $599,000

Business for sale Cleaning Service
Ideally Suited for A Buyer Who:
• Is a first-time buyer
• Has a business outside the area and is looking to expand to the DC market
• Has another location in the DC market and wishes to expand its presence
• Wishes to add on to an existing home services business
• Has cleaning experience and wishes to relocate their family to a very charming and affordable smaller town

The buyer should have business experience. Cleaning service business experience is a plus.

 

Please contact Richard Stopa (RStopa@HarvestBusiness.com) at 703.307.1187 to discuss this business in more detail.

Open with Adobe Reader, use their Fill and Sign Feature to complete and electronically sign the document, then return to RStopa@HarvestBusiness.com.
We will then be able to discuss financial details and other confidential information about the business with you.
Disclosure: We have relied on information provided and approved by seller and make no additional representations or warranties. Buyers should review with their advisors as needed.

Clients choose Harvest Business Advisors for our sage advice on profitably growing their business, accurate business valuations, and when the time is right, a consistent ability to deliver a high price as part of a smooth exit transaction. Harvest Business Advisors provides business brokerage, business valuation, and business succession planning services.
We have extensive experience in the information technology and professional services, manufacturing, distribution, and contracting fields. We maintain offices in Maryland, New Jersey and Virginia. Connect with us at info@harvestbusiness.com or 877-838-4966 to discuss selling your business, ordering a business valuation or buying a business.
Business for Sale: Technology Solutions Provider

Business for Sale: Technology Solutions Provider

Harvest Business Advisors is pleased to present this IT solutions provider business for sale. This well-established, 25+ year old IT solutions provider is located in the booming Northern Virginia market. The business has built an exceptionally loyal customer base over the years and is a pillar of the local community.

Known for quick turnaround, dedication to customer service, and in-stock items that local businesses and home users need immediately, this customer-centric company is ready to be taken to the next level.

A savvy buyer could double the size of this business with the addition of a salesperson, an increased focus on marketing and expansion of the company’s managed services focus.

The company provides the following services:

  • Updating, installing, and maintaining software – any software, ranging from Windows to Microsoft Office
  • Data backup and business continuity
  • Managed services
  • Hosting services
  • Data, file, or network recovery
  • Repair of physical computers, phone systems, or servers
  • Setting up absolutely anything that needs to be set up, including wireless networks and virus protection
Asking Price: $195,000

 

Fiscal Year 2020 2019 2018
Revenue Accrual Basis $201,087.91 $222,073.12 $184,892.24

 

Ideally Suited for A Buyer Who:

  • Has corporate IT experience and is looking to own their own business
  • Has a business outside the area and is looking to expand to the DC market
  • Has another location in the DC market and wishes to expand its presence
  • Is a recent college graduate with IT experience
  • Is an IT professional wishing to relocate their family to a very charming and affordable small town
Please contact Richard Stopa (RStopa@HarvestBusiness.com) at 703.307.1187 to discuss this business in more detail.
Open with Adobe Reader, use their Fill and Sign Feature to complete and electronically sign the document, then return to RStopa@HarvestBusiness.com.
We will then be able to discuss financial details and other confidential information about the business with you.
Disclosure: We have relied on information provided and approved by seller and make no additional representations or warranties. Buyers should review with their advisors as needed.

Clients choose Harvest Business Advisors for our sage advice on profitably growing their business, accurate business valuations, and when the time is right, a consistent ability to deliver a high price as part of a smooth exit transaction. Harvest Business Advisors provides business brokerage, business valuation, and business succession planning services.
We have extensive experience in the information technology and professional services, manufacturing, distribution, and contracting fields. We maintain offices in Maryland, New Jersey and Virginia. Connect with us at info@harvestbusiness.com or 877-838-4966 to discuss selling your business, ordering a business valuation or buying a business.