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Gas Line Contractor with High Revenue History! (37735)

ConstructionFor Sale in AZ

Listing ID: Gas Line Contractor with High Revenue History! (37735) | Broker Listing ID: BLP186479

Financial & Assets Details

$1,686,297
$329,572
$260,000
Yes
300+/-

About the Business

Yes
1999
15 nonunion.
$1,581
Yes

Business Description

From Maricopa County, special trade contractor installs natural gas lines for pools, spas, and other landscapers, as well as for propane tanks from heating applications, maintaining long-time relationships with several contractors. Open over 20 years, the company secures proper connections using high quality inventory, purchased in bulk 3-4 times a year, while city inspectors review aspects of their process and provide approval prior to line activations. Situated on a half-acre of land, the property is leased at $1,581 monthly and is industrially zoned. Keeping a strong reputation with locals, company’s experienced team of fifteen nonunion employees are most likely to stay post-purchase, allowing seller to acclimate the new owner throughout a yearlong transition period. Services reach all across Arizona and focus on the Greater Phoenix area. The current marketing efforts only rely on a proven effective word-of-mouth referral source system, backed by a large recurring customer base of pool contractors, general contractors and residents. In spite of the pandemic, 2020 revenues outperformed projections with $1,489,000 in Revenues and Discretionary Earnings of $287,889, having summed $1,686,297 of in 2019 Gross Sales before the recession, based on an independent evaluation!

Seller Financing

Negotiable up to 20% for the right buyer.

Location Details:

Situated over a half-acre of land.

Support & Training

Owner Transition period of one year.

Reason for Selling:

Approaching retirement and/or pursuing other interests.

Listing ID: Gas Line Contractor with High Revenue History! (37735)

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