Long Established High-Volume Full-Service Plumbing Business

Business
  • Listing# : 17751
  • Listed Price : $725,000
  • Total Sales : $903,981
  • SIC : 1711
  • Down Payment : $145,000
  • Status : Active
  • Discretionary Earnings : $322,952

Business Type :

Construction / Contractor Plumber

Business Description :

  • Strong Brand and Presence
  • Well Established since 1992
  • Centrally located serving five major cities
  • Robust Equipment List
  • Vehicle Service Fleet
  • Committed Employee Base
This premiere plumbing business has been serving customers since 1992 and has established a track record of superior performance along with 24-hour emergency service. The business has grown consistently and nicely since inception which started very humbly with one service truck. Fast forward to today, the owner has constructed their own building and operation with multiple crews and fully equipped service trucks with qualified technicians prepared to take on any plumbing challenge. Moreover, and unique is the fact that the owner has established a culture for superior work and collaboration and the work force is molded together as a unified force geared to getting the job done and providing phenomenal service. That’s become part of their DNA and the basis for their stellar reputation.

The business has continually invested in equipment to complete repairs quickly and efficiently. And as a result, the employees are well versed and have the equipment necessary to get the job done. They handle every standard plumbing repair including water heaters, bathroom repairs and remodeling, kitchen repairs and remodeling, drain cleaning, sump pumps, water line, and gas lines to name just a few. And their emergency service handles issues with all the above. Five employees support the operation, and nine vehicles make up the fleet. The vehicles combined with the long list of equipment included with the business has a present-day value of approximately $250,000. This nice strong asset base coupled with a stellar brand makes this a winning opportunity. And it gets better. The facility that houses the business is owned by the owner of the business so a lease will be a rather easy exercise. And the owner, remembering all too well how challenging starting a business is will offer a smooth transition for the buyer and work into the equation an appropriate amount of transition time, so the new owner is comfortable in their start.

Assets/Liabilities:

    • Accounts Receivable $0
    • Incl :
    • Real Estate $0
    • Incl :
    • Inventory $6,322
    • Incl : Yes
    • Liabilities $0
    • Incl :
    • FF&E $332,309
    • Incl : Yes
    • Other: $0
    • Incl :
    • Leasehold $0
    • Incl :
    • Total Assets $338,631
    • Incl : Yes

Lender Prequalified: Yes

Similar Listing :

Construction