Prime Acquisition Opportunity: Successful plumbing company

San Diego, CA

Seller Financing Available

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Asking Price:$500,000
Gross Revenue:$468,109
Established Year:2019
Cash Flow:$301,539
EBITDA:$600,000
BUSINESS DESCRIPTION

For any inquiries, please supply your CA plumbing or general contractor license as this business requires a plumbing license to operate.
Here is a rare chance to acquire a well-established, highly profitable business in the plumbing and home services industry. With consistent revenue, high margins, and strong cash flow, this company is an attractive investment for strategic buyers and investors. Serving both residential and commercial customers, here’s why this company stands out:

Business Overview
• Industry: Residential and Commercial Plumbing Services
• Years in Operation: Since 2019
• Location: Based in San Diego, CA
• Ownership Structure: Two partners, allowing for a smooth ownership transition post-sale.

Financial Highlights
1. Consistent Revenue and Growing Profit Margins:
o 2024 Revenue: On track to hit $500,000 in Gross Profits
o Revenue Trend: Revenue has remained stable and is increasing
o Very minimal debt, will be paid off with sale of business

Operational Strengths
• Optimized Expense Management: The company has implemented cost efficiencies that contributed to lower COGS in 2023, resulting in higher profit margins. This streamlined cost structure reduces operational risk and enhances profitability.
• Asset-Backed Security: The business has made significant investments in vehicles, equipment, and tools, which provide value to new owners and reduce the need for immediate reinvestment.
• Growth Potential: An established reputation and customer base present multiple growth opportunities. With options to expand services or scale geographically, new owners have significant potential to increase revenue. Future owner can offer services such as 24hr emergency services, pipe lining, restoration services and other non-light duty services for at least $100,00 plus in additional revenue!

Current services are categorized as light duty and include:

Aluminum Gutter Installation
Downspout Installation
Drain Installation
Emergency Services
Faucet Repair
Gutter Cleaning
Gutter Repair
Pipe Installation
Sewer Services
Sink Repair
Toilet Repair
Water Heater Installation
Downspout Cleaning
Downspout Repair
Drain Cleaning
Faucet Installation
Garbage Disposal Repair
Gutter Installation
Leader Head Installation
Pipe Repair
Sink Installation
Toilet Installation
Water Filter Services

Financing Option - SBA Loan Availability
For qualified buyers, this business is well-positioned for SBA 7(a) loan financing, making ownership accessible with a down payment as low as 10% of the purchase price. This option offers manageable monthly payments with repayment terms of up to 10 years, allowing new owners to leverage the company's strong cash flow effectively while minimizing initial costs. The business’s consistent cash flow, asset base, and profitability make it an excellent candidate for SBA lending.
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Why this business is a Prime Acquisition Opportunity
• High Profitability: Gross and net margins are well above industry standards, ensuring steady cash flow and excellent financial returns.
• SBA Loan-Ready: For qualified buyers, SBA financing provides a clear path to ownership, reducing upfront costs while allowing full access to the business’s earning potential.
• Established and Documented Success: Multi-year financial records, tax returns, and Profit and Loss statements meet due diligence standards, offering transparency and security for new ownership.


DETAILED INFORMATION
Location
Relocatable
Inventory
Not Included in asking price
Employees
3
Facilities
The asset being sold is the customer/client list (with service contracts) and the attached generating revenue that accompanies it.
Growth & Expansion
Future owner can add revenue increasing services such as 24hr emergency service, pipe lining, restoration services and others for at least $100,000 in additional revenue.
Financing
Seller willing to carry a loan for any offers that are financed. Financing must cover
Support & Training
Current ownership is willing to stay on board for a few months after acquisition to assist with the client transition if needed. Current owner will introduce current clients to new ownership to have the transition go smoothly.
Reason for Selling
Owner is planning to retire and relocate
Home-Based
This business is Home-Based
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Vince
Garcia
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Vince Garcia