36 Year old plumbing business - Huge Profits

Dallas County, TX
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Asking Price:$2,398,562
Gross Revenue:$1,522,187
FF&E:$168,000
Established Year:1988
Cash Flow:$631,681
Inventory:$15,000
Real Estate:$550,000
BUSINESS DESCRIPTION

Amazing Plumbing Business. HUGE PROFITS!!!

This is a great, 36-year-old business that has long-term, repeat customers and offers a wide range of plumbing services. Approximately 75% of their customers are commercial and 25% are residential. As an example of a satisfied, repeat customer; one of their commercial customers owns around 40 buildings and uses this company exclusively. They have five-star ratings stating that they are excellent at what they do.
Customers commend them for being professional, proficient, dependable, and punctual.

No job is too big or too small. Their licensed plumbing technicians put customer service first and explain to their customers what they are doing and why. Customers count on their service, trust their judgment and assessments, use them again and again, and highly recommend them to others.

Among the services this company offers are:

- Commercial and residential new construction and repair
- Repair all types of plumbing problems
- Leak Detection/repair
- Plumbing inspection
- Water heater repair/replacement
- Drain cleaning
- Sewer cleaning
- Gas Line repair/replacement.

They are a member of The Inter local Purchasing System (TIPS), which is a cooperative purchasing program that offers competitive bids and bulk buying for public and private schools, colleges, universities, cities, counties, and other government entities. TIPS membership makes it possible for these groups to use only one bid to do the work instead of the normal three bids required. This allows work to be allotted in a more streamlined fashion and to be done much faster.

If you purchase both the business and land, you have an automatic source of income in the amount of $1,000 per month with the rental building on the property before you go on your first call. This is great additional income to have.

This is a business that you can be proud to own. Everything to be successful is in place. You don’t even have to be a master plumber from day one since the current owner has a master plumbing license. The right owner can expand the business by creating a website, using social media, and advertising.


DETAILED INFORMATION
Location
Dallas County, TX
Inventory
Not Included in asking price
Real Estate
Owned
Employees
5
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
This business is located on a great, one-acre lot with two, pristine-condition buildings. The main building for the plumbing business is 4,800 sq. ft. with three, 12x12 overhead doors. It has a 400 sq. ft a/c office with a restroom. In the back corner is a 600 sq. ft. a/c apartment with a full bath, kitchenette, and living area. The front building has 1,500 sq. ft. and is leased for $1,000 per month. Land & buildings are priced at $375,000. If the business is purchased w/o land and buildings, the rent for the main building will be $4,000 a month.
Competition
Competition:Closest one is 10–12 miles away from office
Growth & Expansion
Could double business by advertising and by developing a website. Also, could hire more employees since they are forced to turn down business daily. Adding a second office in Fort Worth would create exponential growth.
Support & Training
The owner will provide 4 weeks of free, onsite training as well as up to 6 months of free phone consulting on an as-needed basis.
Reason for Selling
Retiring
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