Primary Category:Other Service Businesses for Sale
This water services company is located in the White Mountain region of New Hampshire and has been in existence for 34 years. The business is fully licensed and certified by the State of New Hampshire. They are experts when it comes to the laws, rules, regulations, and all aspects of operating any small or community water system. They specialize in small water systems and homeowner installations of filters and distribution systems and are also licensed pump installers. They also represent many water system owners for their link to compliance as required by both State and Federal water regulations.
This company’s staff has the knowledge and resources to resolve water system challenges and get their customers back online quickly. They provide the services necessary to keep commercial and residential water systems legal and operational. They specialize in servicing businesses, homeowners and any small water systems although they also have the knowledge and resources to take care of large water systems as necessary.
The business operates water pumping, treatment and distribution systems of all sizes. They serve small business and homeowner system installation and repairs, possessing regulatory compliance knowledge. They cater to community water systems and provide 24/7 service for their contracted customers. They service pumps and filters and offer repairs to pump, filter, and distribution systems.
Financial Information
$250,000
Asking Price
$80,115
Cash Flow
$346,427
Gross Revenue
N/A
Down Payment
Yes
Financing
N/A
Adjusted EBITDA
Business Location
City:
Confidential
State:New Hampshire
Financing Comments
Minimal seller financing available depending upon the strength of the deal.
Reason for Sale
Retirement
Detailed information
Year Established:1992
Home Based:No
Franchise:No
Relocatable:No
Lender Prequalified:No
SBA Prequalified:No
Full-Time Employees: 1
Part-Time Employees:3
Contractors:N/A
Owner Worked Hours/w:40
Inventory Included: No
Inventory Value:
$15,000
Monthly Rent:
$1,500
Real Estate Available: Yes
Real Estate Included: No
Real Estate Value:
N/A
Building Size: 1280
FF&E Included?: Yes
FF&E Value: $35,000
Training/Support
The owner is looking to retire. He is willing to offer training for two weeks after closing and depending upon the needs of the buyer would consider a consulting role for a longer period of time.
The owner is also willing to sign a non-compete agreement for 5 years and 50 miles.
Facilities
The office space is 800 square feet and there is also a storage building that the business uses which is 480 square feet. Rent for the space is $1500 per month and is owned by the seller who is willing to discuss office space modifications with a buyer, if requested.
The office space includes an open office area, one enclosed office, and a kitchenette.
The facility and all furniture, fixtures, and equipment are in fair to good condition.
Market Outlook/Competition
The New Hampshire water service industry encompasses a mix of large investor-owned utilities, municipal providers, and specialized operators. While New Hampshire is a water-rich state, the cost of delivering that water is mounting due to severe underfunding in water infrastructure. State agencies estimate that hundreds of millions of dollars in investment are required over the coming decade to update aging distribution systems and treatment facilities.
Nearly half (46%) of NH residents pull domestic water directly from the ground via private wells, necessitating a strong market for local filtration and softening companies
Because NH strictly enforces the Safe Drinking Water Act, businesses must use licensed system operators for public water supplies (PWS). These companies manage compliance testing, well-house maintenance, and system construction.
Real Estate Description
The office space is 800 square feet and there is also a storage building that the business uses which is 480 square feet. Rent for the space is $1500 per month and is owned by the seller who is willing to discuss office space modifications with a buyer, if requested.
The office space includes an open office area, one enclosed office, and a kitchenette.
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