Commercial Plumbing in Omaha Metro

Omaha, NE
Douglas County


Asking Price: Annual Revenue:
$940,000 $3,937,223

Services: Utilities: Electric, Gas, Water, Sanitary


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RE: Commercial Plumbing in Omaha Metro Broker: Cortney Sells
Owner Financing is Available!
Purchase Price: $940,000 10% Buyer Down Payment: $94,000 10% Seller Financing: $94,000 80% Bank Loan: $752,000 A 10% down payment of $94,000 returns $117,670 in the first year after debt payments!

Quick Facts

Asking Price: $940,000
Annual Revenue: $3,937,223
Net Profit: Not Disclosed
Cash Flow: $257,545
Total Debt: Not Disclosed
FF&E: $365,000
Real Estate: Not Disclosed
Year Established: 2011
Employees: 21
BBN Listing #: 693134398
Broker Reference #: SER083

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Business Overview:

This plumbing business has been serving the Omaha area since 2011. Their service extends roughly 60 miles from the office, allowing them to work in smaller towns outside of the metro if needed. They currently work fully on commercial projects. 75% is large commercial plumbing, and 25% is installing utility lines, also for commercial clients.

Growth opportunities lie largely in developing a maintenance side of the business. Currently, it is all new construction, install, and renovations. It would also be beneficial to expand into residential work, as that is currently untapped by the company. Packaging the utility install along with plumbing would be a great way to expand as well.

19 employees help to keep this Omaha-based plumbing company going day to day. One of the owners is the company’s only master plumber, but there is a field supervisor ready to test and step up to the task. They also employed a Project Manager, so the owner does not need to be present on jobs. There is an admin assistant to help with payables, billing, and other back office tasks. The second owner does work on back office work as well.

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Property Features and Assets:

2,000 square feet.

Market Competition and Expansion:

Growth Opportunities: More utility work; develop construction/service side for residential; maintenance for commercial clients.

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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