Plumbing business established for 22 years serving Grand Island

Grand Island, NE
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Asking Price:$495,000
Gross Revenue:$372,300
Established Year:2006
Cash Flow:$159,145
FF&E:$185,000
BUSINESS DESCRIPTION

Lots of demand - they turn away business!

This plumbing business was founded 22 years ago by the current owner and is one of the most trusted businesses in its area. The business is well diversified with approximately 40% of jobs in new residential construction, 15% in commercial work, and 45% service and remodeling. A new owner will benefit from a turn-key operation with large customer demand. Seller states that he turns down a significant amount of business each year because he has intentionally kept the business small in recent years. At one time he had 7 plumbers and made well over $1 million in revenue. Seller indicated that the phone is always ringing and he constantly receives requests to bid jobs, so a new buyer can leverage the established and great reputation to grow the business. The staff consists of the owner serving as the Master Plumber, another experienced plumber on staff, and a part-time employee to handle administrative work including bookkeeping. Great opportunity to come to Grand Island or expand existing operation. The 1,500 square foot building that the company operates from can continue to be leased or potentially purchased. Reach out about this opportunity today! For additional information please contact AJ Kohler at 402-230-7003 or aj.kohler@fcbb.com


DETAILED INFORMATION
Location
Grand Island, NE
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,500
Employees
2
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
This is a leased location of 1,500 square feet with a base monthly rent of $600 month to month. Seller is active with 1FT and 1PT employees. Hours of operation are 8am-4:30pm Mon-Fri, Saturday mornings optional. $185,000 in FF&E included in the asking price. Other Assets include plumbing tools. Master's Plumber license required.
Support & Training
2 weeks
Reason for Selling
Retirement
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Amanda
Kohler
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Amanda Kohler