Long-Standing Profitable Plumbing Service Company

Florida
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Asking Price:$2,325,000
Gross Revenue:$1,572,031
Cash Flow:$620,189
Established Year:1980
BUSINESS DESCRIPTION

40% profit margins!

Revenue as of 6.30.24: $750,935
Operating Profit as of 6.30.24: $290,719

For sale is a reputable plumbing service company with repeat customers for more than 40 years. The company handles all plumbing repair, replacement and installation needs for both residential and commercial customers. 80% of the work is residential. The company is not dependent on new customers to maintain profitability. The Company is seeing a 44% operating profit.

*** The buyer must hold the license. Please do not inquire if you are not able to obtain a license by the closing date. The seller is looking to exit the business after a short transition period.***


DETAILED INFORMATION
Location
Florida
Inventory
Not Included in asking price
Real Estate
Leased
Employees
8
Facilities
The owner rents the building, and the lease would be easily transferred to the new owner. The location is centrally located within the service market. The building is equipped with office space as well as a storage area for equipment and vehicles.
Growth & Expansion
Increasing marketing and adding more personnel will aid in growth.
Support & Training
Will be provided by the seller.
Reason for Selling
Retirement
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Lawrence
Moore
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Lawrence Moore