Quality-Focused Plumbing Contractor with Great Reputation! (37711)

Financial & Assets Details

About the Business

Business Description

Best year in Sales ever! Open since 2002, listing provides general plumbing and repair services 24/7, 365 days a year for both new residential and commercial constructions or remodels, to an A+ Rating from the Better Business Bureau since 2009! As Profit Margins dating back to five years ago continue to climb, Total Revenues for 2020 reached $1,089,360 alongside Seller Discretionary Earnings of $429,989. Additionally, for a 10 month interim from January to October 2021, Gross Income totaled over $1,441,300 with a Net Profit of $558,406 and plenty of year left to go! Headquarters is a collection of one office facility, four small storage/warehouse spaces, and ample yard that is leased for $1,000 monthly; property is in excellent condition and also available for a preferred purchase. With expandable C-3 commercial zoning and a skilled team of eight nonunion employees, company is ready to continue its hands-on operations during an owner transition. Though the owner does very little advertising, company’s potentials for growth are a huge factor when considering this opportunity Besides the ability to handle extra capacity, further development opportunities exist for additional marketing strategies which currently rely on referral sources backed by a large and recurring customer base. Owner projections for this Fiscal Year End give a 54% increase in sales, totaling $1.6 Million!

Seller Financing

Financing can be negotiable for the appropriate buyer.

Support & Training

Negotiable Owner Transition period with financing.

Reason for Selling:

Approaching retirement and/or pursuing other interests.