Profitable Plumbing Business With Great Reputation!

Business
  • Listing# : 17935
  • Listed Price : $4,400,000
  • Total Sales : $5,996,265
  • SIC : 1711
  • Down Payment : $440,000
  • Status : Active
  • Discretionary Earnings : $1,764,435

Business Type :

Construction / Contractor Plumber

Business Description :

The Company is a full-service commercial and residential plumbing contractor that offers design/build, design/assist, consulting, and project management services for new construction, while also offering remodeling and service calls for both commercial and residential customers. Eighty percent of plumbing services are commercial, which is the primary target market, catering to new commercial construction, remodeling of buildings and service work. The secondary target market is remodeling work (10%) and service work (10%) for residential customers. The Company has achieved organic and strategic growth starting as a small regional plumbing contractor focused on residential and light commercial into a mid-size full-service plumbing contractor serving both residential and commercial customers. The Company has a strong base of loyal customers that have been served for many years. Approximately 75% of revenue comes from new construction and 25% from repairs.

Assets/Liabilities:

    • Accounts Receivable $1,693,897
    • Incl : Yes
    • Real Estate $0
    • Incl :
    • Inventory $267,111
    • Incl : Yes
    • Liabilities $1,125,932
    • Incl : Yes
    • FF&E $534,725
    • Incl : Yes
    • Other: $0
    • Incl :
    • Leasehold $8,656
    • Incl : Yes
    • Total Assets $2,504,389
    • Incl : Yes

Lender Prequalified: Yes

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Construction