Franchised Plumbing and Drainage Business

Not Disclosed, British Columbia

Asking Price: Annual Revenue:
$468,888 $1,400,000

Services: Construction, Contractors

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RE: Franchised Plumbing and Drainage Business Broker: Steve Harvey

Quick Facts

Asking Price: $468,888
Annual Revenue: $1,400,000
Net Profit: Not Disclosed
Cash Flow: $221,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2013
Employees: Not Disclosed
BBN Listing #: 86649055
Broker Reference #: Not Disclosed

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Business Overview:

This Plumbing, Drain Cleaning and Excavation Business operates under a well known franchise and has consistent income and net profits.
The business has a reputation for delivering quality work and maintaining client retention and referrals with professional and courteous interaction with clients. The business caters to both residential and commercial clientele. The range of services include plumbing installations and repairs, drainage installation and cleaning, excavation services and commercial kitchen grease trap clean out. Prior to the current owner the Franchise had previously operated for many years. The Franchisee has the rights to Water Restoration which will offer the new owner the opportunity to set up this separate division that will add to income. This business is located in the Thompson Cariboo region of British Columbia.

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Property Features and Assets:

The facilities are located in a residential commercial location and owned by the Sellers. The building is 1,816 square feet and as part of the purchase of the business. The owners will enter into a new lease which will be negotiated. The Buyer also has the option of purchasing the premises.

Market Competition and Expansion:

Currently there is more business than the company can service. The new owner should develop a recruiting and training plan to attract current and new employees into the business. The company currently does excavation work, some of which is not tied to the drainage work, but are separate contracts. This business could be expanded by investing in an excavator so inquiries can be contracted without the need to use an outside operator.

Additional Details:

  • The property is owned.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is a franchise resale opportunity.

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