Commercial Plumbing Company-Central Midlands, SC

Not Disclosed, SC

Midlands of South Carolina

Asking Price: Annual Revenue:
$1,250,000 $1,457,131

Services: Construction, Contractors

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RE: Commercial Plumbing Company-Central Midlands, SC Broker: David Smith

Quick Facts

Asking Price: $1,250,000
Annual Revenue: $1,457,131
Net Profit: Not Disclosed
Cash Flow: $345,358
Total Debt: Not Disclosed
FF&E: $200,000
Real Estate: Not Disclosed
Year Established: 2003
Employees: 4
BBN Listing #: 42104955
Broker Reference #: 1207-17333

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Business Overview:

Well-established, growing, and profitable plumbing business specializing in service, repair, and commercial new construction. They have been in business since 2003. The company's focus is on commercial business with minimal residential work. New construction is approximately 5% of the business, 10% backflow testing, and the remaining is repair and service. Revenue has grown at a compound annual growth rate of 14% over the last 3 years and SDE has grown at a 10% compound annual growth rate.

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Property Features and Assets:

The business operates out of an approximately 2,000 square foot office with a three-bay garage/warehouse attached. There is an additional building on the premises which is currently leased to a third-party. Assets = $200,000

Market Competition and Expansion:

There are approximately 15 commercial plumbers in South Carolina, with half of those located in the Midlands area. Business could be expanded with additional sales and marketing.

Reason for Selling:

To retire early due to health and personal reasons

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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