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Full-Service Plumbing and Installation Business

Middlesex County, MA
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Asking Price:$1,399,000
Gross Revenue:$1,324,971
Cash Flow:$424,604
Inventory:$65,000
Listing ID: 2229053Listing provided by BizBuySell
BUSINESS DESCRIPTION

The seller is looking for a similarly established plumbing company with a long track record of good customer service and comparable sales. Buyers should be a larger company with a similar reputation.

The business has served the local community for over one hundred years. This is a full service and installation company providing plumbing repairs, boiler replacements, bath and kitchen renovations, commercial renovations, and service. Known for its customer service and quality of work, the business serves upscale consumers and does not bid on work.
The business has been family-owned and operated ever since its founding. The current owner owns 100% of the company and is the third-generation owner to run the business.
The owner currently serves as the manager, overseeing the two employees, who have been with the company since 1994 and 2007, respectively, as well as two apprentices.

DETAILED INFORMATION
Location
Middlesex County, MA
Inventory
Included in asking price
Employees
4
Growth & Expansion
The business engages in limited marketing, with only a straightforward website that has the company’s name, basic services, and a phone number, and they don’t bid on work. Thanks to the excellent reputation it has built for itself, word of mouth referrals and repeat customers have provided sufficient sales. The new owner could use limited marketing as an opportunity to expand advertising and potentially reach a new or expanded audience.
Financing
A qualified buyer can obtain an SBA 7A loan with 10% down payment for the business
Reason for Selling
Retirement
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Ed Burkhart
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Ed Burkhart
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