Established Plumbing Business with Property For Sale

Spartanburg, SC

Seller Financing Available

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Asking Price:$1,450,000
Gross Revenue:$1,130,159
Real Estate:$372,000
Cash Flow:$164,175
Inventory:$586,000
Established Year:1990
BUSINESS DESCRIPTION

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.


DETAILED INFORMATION
Location
Spartanburg, SC
Inventory
Included in asking price
Real Estate
Owned
Included in asking price
Building SF
4,800
Employees
5
Growth & Expansion
The area is experiencing an increase in new construction, which could lead to additional servicing opportunities. Enhanced marketing efforts, including a stronger online presence and targeted advertising, could further boost revenue. Expanding into new construction or offering additional services could also open new revenue streams.
Support & Training
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.
Reason for Selling
The owner is looking to retire.
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Josh
Rosenwald
Anchor Business Advisors
Josh Rosenwald