Established Plumbing Business with Property For Sale
Asking Price: | $1,450,000 |
Gross Revenue: | $1,130,159 |
Real Estate: | $372,000 |
Cash Flow: | $164,175 |
Inventory: | $586,000 |
Established Year: | 1990 |
Founded in 1990, this well-established plumbing business specializes in repair and maintenance services, focusing on higher-margin projects rather than new construction. With a client mix of 60% commercial and 40% residential, the company has built a strong reputation for quality work and reliability. Notably, the business is on the verge of securing a significant government contract to service 310 local facilities, adding to its existing 20% of revenue from long-term contracts. Facility: Operates out of a 1,600 sq. ft. office and a 3,200 sq. ft. metal warehouse/shop with three roll-up doors. The property is available for lease at $2,250/month or can be purchased outright for $372,000. Team: Five full-time field employees, supported by a scheduler and bookkeeper in the office. Transition and Support: The owner, looking to retire after 46 years in the industry, is willing to assist with a smooth transition by qualifying the business with their plumbing license. Seller financing is also available for qualified buyers, making this an attractive opportunity to take over a thriving, scalable operation with an established client base.