Residential Plumbing Company #1845

Columbia, SC
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Asking Price:$1,300,000
Gross Revenue:$1,063,083
Cash Flow:$412,097
Established Year:2011
BUSINESS DESCRIPTION

The residential service plumbing company is a perfect platform for the first-time business owner or an add on acquisition for someone currently in the plumbing business. This business’s entire portfolio consists of high-margin residential service. They currently do not do any remodel or new construction work and are in no way tied to the housing and new construction markets or the volatility that is generally associated with those markets.

The company has six employees plus the seller and is currently operated out of the seller’s home office with a rented storage unit housing their supplies and inventory.


DETAILED INFORMATION
Location
Columbia, SC
Inventory
Not Included in asking price
Employees
6
Facilities
3 vans and miscellaneous plumbing equipment.
Competition
Large addressable market consisting of every residence within 1 hour of Columbia, SC. There is currently competition from several established plumbers, but there is more work than there are plumbers.
Growth & Expansion
Growth can be achieved by adding services and/or investing in additional marketing.
Support & Training
Seller will provide 4 weeks free of charge and is open to help in a longer transition at market rate.
Reason for Selling
Retirement
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Merrell
Stout
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Merrell Stout