Link Business

Profitable Boiler & Hydronic Sales Distributor

Listing: #SV00125

Antoinette Norris

Broker | Silicon Valley

Antoinette Norris

antoinette.gonzalesnorris@Linkbusiness.com

(925) 201-1989

(925) 285-6779


About this Business for sale in Greater San Francisco Bay Area

Profitable Boiler & Hydronic Sales Distributor

This Manufacturer’s Representative and distributor for boilers and hydronic accessories is an Essential Business. This company has been in business since 1959 and is a 2nd generation business. The primary source of income is from the SF Bay Area, Northern California and Reno, Nevada region. This business distributes Hydronic (water and low-pressure steam) heating boilers as used in single, multi-family housing, office buildings, schools, commercial and process heating. 

Sales during 2017, 2018 and 2019 have consistently been over $2.9M and in 2020, their sales have had a slight decrease of 8%. 

With 4 Full Time Employees, this business is a very lean operation. The business is run by the owner, a small sales team, a Warehouse Manager and the office manager. Sales in 2018 were 2.9M and in 2019 were $3.2M. Sales will continue to see growth of 24%. Approval of a new tankless water heater will present a large opportunity for increased sales. 

This business is listed at $2.3M ($1.2M in inventory and $400K in Accounts Receivable is included in price). SBA has pre-approved this essential business for 1.5M. Contact Broker for full Memorandum on this Essential, Profitable and Recession proof busines. 

 

Silicon Valley
antoinette.gonzalesnorris@Linkbusiness.com
(925) 201-1989
(925) 285-6779
Inquire Now

*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.