Business Overview:
This plumbing business has clients that are almost exclusively commercial general contractors, and their projects are at gas stations, restaurants, racetracks, and more. This full team consists of 1 Project Manager, 1 Journeyman plumber, 5 1099 plumbers, 7 W2 plumbers, and 2 office admin workers. The current owners are looking to sell due to personal health concerns and have offered a 1–2-year training period in order to transition. This business is expecting continual success moving forward based on their recent financial stats. In 2022, through September alone, the business had a gross revenue of $2.5 million! With this in mind, their cash flow for 2022 is annualizing at $500,000 leading to a 20% profit margin! Further lending to this expectant success, the purchase of this business comes with $170,000 in working capital and $86,000 in vehicles and equipment.
Priced at $1,595,000 this business purchase comes with an excellent foundation to build on, low overhead costs, a well-streamlined operation, an industry leading staff, and on-going room for growth. With the extremely reasonable price in mind, this purchase give buyers an opportunity to enjoy a 125% return on investment with only a $159,000 down payment! In order to reduce overhead costs, the business does not operate out of a central office or storage space. The office employees work from home and the plumbing employees work at the client locations. This business has significant room for growth including developing a marketing and advertising plan, expanding on the existing niche services that are currently offered almost as add on services, or using their existing foundation of excellent client relations to take advantage of recent developments in the Dallas area by expanding their current bids into municipal work or picking up a few residential customers.
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Property Features and Assets:
Facility: In order to reduce overhead costs, the business does not operate out of a central office or storage space. The office employees work from home and the plumbing employees work at the client locations.
Reason for Selling:
Personal health concerns.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
Documents:
Relevant Links: