Residential & Commercial Plumbing Company in North Central Texas

Texas
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Asking Price:$890,000
Gross Revenue:$1,774,000
Rent:$2,300/Month
Established Year:2007
Cash Flow:$278,000
Inventory:$40,000
FF&E:$137,763
BUSINESS DESCRIPTION

This established plumbing company is primed for an enterprising new owner or an existing plumbing company looking to expand their footprint in Texas. This business brand name has been in their market over 16 years.

This company is ideal for someone with a master plumber’s license to purchase and continue growing the business.

Approximately 80% service work/ 20% remodels or new construction.

Approximately 75% residential / 25% commercial work.


All service vehicles, equipment, tools, and inventory are included in the sale.

The Company has a well-qualified and proven service team in place with a high level of training and expertise to get the jobs completed efficiently and profitably. The Company responds to customers quickly and has the reputation of doing it right the first time.


DETAILED INFORMATION
Location
Texas
Inventory
Included in asking price
Real Estate
Leased
Building SF
2,000
Employees
11
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The business operates out of approximately 2,000 sf in a building owned in a separate entity by the owner with rent of $2,300 per month. The owner desires to sell the approximately 9,000 sf. building listed at $890,000 and a storage lot for $80,000. The total rent roll including the plumbing company is approximately $83,000 per year. The building is located in a great location near a State Highway.
Growth & Expansion
An acquirer can take advantage of continued new customer growth in the market. The radius currently served could be lengthened to provide a larger market of companies, governmental and residents in need of good, reliable plumbing services.
Financing
All cash preferred. Might provide some financing for a highly qualified buyer.
Support & Training
30 days
Reason for Selling
Retirement
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