Business Overview:
Buyer defaulted so Company is back on the market representing 15-yr. old Plumbing Contractor supporting new residential construction throughout Central Florida region. Fiscal 2022 generated record results with a backlog of work of over 250 active jobs outstanding supporting a number of select regional and custom homebuilders. Company prides itself on timely and quality work that residential construction demands.
Business includes a staff of 9 Full Time and 2 Part Time employees. The business also has four 1099 sub crews of 11 workers additionally dedicated to support Company's contracting efforts. Company does no service work.
Founding owners work from their homes and are focused on client relationships, estimating, permitting and service issues. Their warehouse manager is also assisting with these efforts.
Offering includes a variety of inventory of at least $60,000 along with an extensive list of equipment: excavators, trailers, flatbed trucks, parts and field vans. Central Florida’s continued population growth provides scalable opportunities for an engaged Buyer. License qualifier available. Financial results are current and based on YE 2022 results.
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Property Features and Assets:
Business operates throughout the greater Central Florida region. Its warehouse is located in Seminole County, which is directly north of the City of Orlando. Leased space is primarily used for storage of essential parts and equipment consisting of 4,500 SF of warehouse space. Owners primarily operate out of their homes addressing administrative duties.
Offering includes a variety of inventory of at least $60,000 along with an extensive list of equipment: excavators, trailers, flatbed trucks, parts and field vans.
Market Competition and Expansion:
Given its tract record, the Company is considered the preferred plumbing contractor for several key regional and custom builders. The continued net migration into Central Florida proves to be a valuable foothold for construction-oriented trades. While there is currently some leveling off of regional home sales, continued regional expansion should provide strong prospects for the Company. An engaged buyer could also look to expand the Company into a servicing segment that is not currently pursued by the owners.
Reason for Selling:
Retirement
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
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