Well Established, Profitable Plumbing Company For Sale
Texas
| Cash Flow: | $236,215 |
| Inventory: | $25,000 |
| FF&E: | $25,000 |
| Gross Revenue: | $943,676 |
| EBITDA: | $236,215 |
| Established Year: | 1985 |
Listing ID: 2219710Listing provided by BizBuySell
BUSINESS DESCRIPTION
Residential & Commercial (60%/40%) Plumbing Company with a long history of exceptional and comprehensive Plumbing services. The company has a loyal customer base, excellent reputation, and award winning service. Four company vehicles, various equipment necessary to generate their revenue, and owned real estate that the sellers will likely lease to the purchaser. Seven full time and one part time employee/s as well as 4-5 1099's used when necessary. Owner also has a Master plumbing License in Louisiana that a new owner could utilize for expansion at some point.
DETAILED INFORMATION
Location
Texas
Inventory
Included in asking price
Real Estate
Leased
Building SF
5,000
Employees
8
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
3000 square foot office building with ample storage for inventory and various equipment. Additional covered parking and work area. Owner will retain property and lease to buyer at FMV lease rate or possibly sell the real estate. Prefers to retain and lease.
Competition
Plumbing is an exceptional industry that is not going anywhere and opportunity for new business and repeat business from existing loyal customers abound. Competition is from handymen that undercut professionals and larger companies with more plumbers/employees/sales staff, and advertising capabilities.
Growth & Expansion
Expand work hours, service area, scope of work, hire more plumbers, partner with HVAC, electrical, and/or other service businesses.
Financing
Up to 10% will be considered for well qualified buyers.
Support & Training
Owner will stay on for up to 12 months to ensure a smooth transition. Open to consulting on a limited basis after transition.
Reason for Selling
Retirement
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