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Leading Residential/Commercial Plumbing Franchise #1897

Charlotte, NC
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Asking Price:$1,000,000
Gross Revenue:$1,855,281
Cash Flow:$281,995
Established Year:2013
Listing ID: 2312632Listing provided by BizBuySell
BUSINESS DESCRIPTION

This individually owned plumbing franchise has seen steady growth since its inception in 2016. Offering a full array of repair, maintenance, and installation services, they serve an 80/20 mix of residential and commercial customers (but are not currently dependent on new housing construction).

The company has an exceptional reputation for their rapid response, high quality service, and standing behind their work, as evidenced by their 4.9 rating on Google Reviews. Approximately 50% of revenues come from repeating customers.

Demand for plumbing services is expected to surge ahead now that the Federal Reserve has begun reducing interest rates.

DETAILED INFORMATION
Location
Charlotte, NC
Inventory
Not Included in asking price
Real Estate
Leased
Employees
9
Competition
High-growth metro area has 100-110 people moving to the area every day.
Growth & Expansion
Other adjacent territories are available for immediate expansion.
Support & Training
Owner will remain on board to facilitate a proper transition within the first 30 days at no cost to the new owner. Will also lend their NC plumbing license to non-licensed buyer for up to one year.
Reason for Selling
Owners desire to focus on the other business they own and operate.
Franchise
This business is an established franchise
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Kevin
Carlisle
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Kevin Carlisle
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