Central Florida Plumber Residential Construction

Longwood, FL
Seminole County

Central Florida


Asking Price: Annual Revenue:
$580,000 $4,294,813

Services: Construction, Contractors


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RE: Central Florida Plumber Residential Construction Broker: Bradley Carpenter
Owner Financing is Available!
Negotiable, prequalification financing being underwritten.

Quick Facts

Asking Price: $580,000
Annual Revenue: $4,294,813
Net Profit: $502,761
Cash Flow: $592,885
Total Debt: Not Disclosed
FF&E: $235,080
Real Estate: Not Disclosed
Year Established: 2008
Employees: 12
BBN Listing #: 909545422
Broker Reference #: 409-02266

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Business Overview:

Active Plumbing contractor supporting new residential construction throughout Central Florida region. Enjoys excellent relationships with a number of national and region/custom homebuilders. Company prides itself on timely and quality work that residential construction demands.
Enjoys a staff of 12 Full Time field techs, warehouse manager and active supervisor who schedules all jobs and is also additional master plumber. Owners are also engaged in the business, focused on sales/client relationships, estimating, permitting and service issues.

Has strong backlog into early 2023. Includes an extensive list of equipment including excavators, trailers, flatbed trucks, parts and field vans. Business is very scalable given Central Florida's continued housing growth. License qualifier available.

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Property Features and Assets:

Leased space is primarily used for storage of essential parts and equipment consisting of 4,500 Square Feet of warehouse space. Owners primarily operate out of their homes addressing administrative duties. Lease is on a month-to-month basis that Buyer should assume longer term lease is readily available from Landlord. Facility is conveniently located to major roadway and approximately 2 1/2 miles from Interstate 4 interchange. Extensive list of Equipment and Vehicles are included with business.

Market Competition and Expansion:

Business enjoys a full staff of seasoned field techs that homebuilders require to properly support ongoing construction activity. Has built good rapport with a number of builders that allows a continued and growing source of work. Careful pricing of work and control of cost of goods are required when engaged with the builder trades as to new construction. Despite recent interest rate increases, Central Florida housing starts remains strong due to continued population growth. Central Florida's continued growth provides an ideal setting for Company's plumbing trade. With additional techs further revenue growth with current client base should be expected. Inflationary pressures especially in 2021 certainly impacted material costs that has subsided somewhat, however special attention on estimating new engagement efforts is warranted.

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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