Seller's Contact Information
- RE: Commercial Plumbing Company-Central Midlands, SC
- Contact: 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 |
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 homebased business opportunity.
- This is not a franchise resale opportunity
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