36 Year old plumbing business - Huge Profits
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 |
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.
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