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Business For Sale Listing 122560

Boiler Maintenance

Status as of Jan-8-2009 at 06:06 PM: Off The Market

Business Summary

Boilers are a primary source of heat for a large number of buildings in many cities and these types of systems require frequent repairs and upgrades. This company has the ability to repair water, steam and soot leaks, install boiler tubing, pipe, fittings and valves and other necessary repairs to hot water boiler systems. Boiler work also leads to the installation of types of mechanical systems which include fresh air duct work, insulation jobs and other plumbing and heating systems. In order to comply with state and federal regulations, service providers that work on boiler systems are required to have an “R” stamp. This is an earned designation which signifies that the company possessing the “R” stamp has the expertise and knowledge to work on these types of boiler systems. At the present time there are only 20 companies in the New York City metro area which hold the “R” stamp and this designation is difficult to attain. The National Board of Boiler and Pressure Vessel Inspectors control this widely recognized stamp. It is estimated that this company now controls about 17% of the total boiler service market in the New York City area due to its longevity and stellar reputation.


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Industry

Sector: Business Services
Industry: Other Business Service Businesses

Location

Classification: United States // Middle Atlantic States // New York // Other New York

Financials

Sales: Between $1 Million And $2.5 Million   ($1,115,226)
Profits: Between $100 Thousand and $500 Thousand   ($148,029)
Profit Type: Seller's Discretionary Cash Flow (SDCF)
Asking Price: Between $1 Million and $2.5 Million   ($1,175,000)
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