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37311- Sales of Original and Reproduction Plumbing Fixtures

For Sale in CA

Listing ID: 37311 | Broker Listing ID:

Financial & Assets Details

$542,000
$68,000
$5,000
$100,000
Yes

About the Business

Business Description

This company, located in Northern California just a few miles from San Francisco, is a retail plumbing dealer that specializes in pre 1960’s plumbing, originals and reproductions. Stocking over 200 different shapes of sinks as well as all the plumbing that goes with it. They will custom make many items for their customers as well as restore the customers’ original vintage fixtures. The business has established outside working relationships with electro platers, machine shops, plumbers, etc. The company has a well done website showing their work and restoration as well as all things plumbing related. They have seen a nice steady 20% growth over the last few years. This wonderful business offers a new owner consistency in supplier, good sales volume, market growth and profitability. This owner operated business is managed in a hands-on fashion giving the owner full controls over the quality of products and the customer service provided. Due to the involvement of the current owner and his willingness to help a buyer take the business to the next level, this would be an excellent opportunity for an earn-out purchase or a Private Equity Recapitalization in the range of $500,000- $1,000,000.

This company has been in business since 1979 with the current ownership since 1989. Out of their total revenue, 1/3 comes from the sales of original antique tubs and sinks, 1/3 from new fixtures and 1/3 comes from the custom shop. After many years with the company, the current owner is ready to see a new owner take it to the next level. Customers come far and wide for their unique products, there is definitely opportunity for growth here. This unique business for sale is a great opportunity to take a business that is already successful and build on that foundation to 2015 secure your future. Call now for more information about this lucrative California restoration business. Show Less

Location Details:

This leased property consists of 3,000 sq. ft. building with 20 foot ceilings. All new items nicely displayed in its own 700 sq. ft. show room while antique and salvage items are separated in another 1000 sq. ft. showroom. There is a 1,000 sq. ft. shop area where fixing and alterations on plumbing fixtures takes place as well as approximately another 1000 sq. ft. loft area inside. There are also another two (separated) outside areas with a combined additional 3000 sq. ft. Both of these areas have vehicle access.

Listing ID: 37311

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