Four-decade plumbing and heating business in New Hampshire

BizGeno summary

A long-running residential plumbing and heating operator with a reported 600-customer base, a service-and-installation mix, and an owner preparing to retire. The asking price is approachable relative to the larger opportunities in this collection, but a buyer still needs to test how much demand, licensing, and customer trust depend on the current owner.

What stands out

• The seller reports operations dating to 1986 and a customer mix that is 95% residential.
• The listing reports a 2022 Ford Transit van, transition support, goodwill, and customer and supplier lists in the sale.
• The operating property is available separately, creating a lease-versus-own decision for the buyer.

Questions worth asking

1. How much of the reported cash flow reflects the current owner's labor, licensing, or on-call coverage?
2. What percentage of revenue is recurring service work versus one-time installation projects?
3. What are the age, replacement needs, and fair-market value of the included equipment and vehicle?
4. What lease terms apply if the buyer does not acquire the real estate?