Business For Sale

Profitable Midwest Plumbing Business

Not Disclosed, NE

Central Nebraska


Asking Price: Annual Revenue:
$940,000 $1,024,446

Services: Construction, Contractors


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RE: Profitable Midwest Plumbing Business Broker: Cortney Sells
Owner Financing is Available!
Purchase Price: $940,000 15% Buyer Down Payment: $141,000 15% Seller Financing: $141,000 70% Bank Loan: $658,000

Quick Facts

Asking Price: $940,000
Annual Revenue: $1,024,446
Net Profit: Not Disclosed
Cash Flow: $289,686
Total Debt: Not Disclosed
FF&E: $132,000
Real Estate: Not Disclosed
Year Established: 2002
Employees: 6
BBN Listing #: 62634398
Broker Reference #: SER053

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Business Overview:

Master plumbers with a hard-earned reputation! This plumbing business is in a rapidly growing area of Central Nebraska with lots of expansion opportunities as companies move into town and need commercial plumbing buildouts. With two Master plumbers and 2 Apprentice plumbers, this business is set to take advantage of the many contracting opportunities arising in the area. One of the masters is ready and willing to step into a role as GM if needed by a new owner as well.

Currently, the business has about 40 repeat service clients for home repairs and installations and works with several contractors for buildouts of shopping areas and other commercial units. Bathroom remodels are a popular service as well and range in price from $2,000-$9,000 per job.

They do work within a 200-mile radius of the physical location, so there is a wide range of customers being serviced. Their services in these areas include commercial work, new construction, remodels, septic systems, sewer cleaning, and general plumbing service work. A good area for growth would be to bid on more commercial and larger contracts within the growing community they service.

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Property Features and Assets:

$750/ month 650 Square feet with office/ reception area and storage plus 400 square feet detached garage.

Market Competition and Expansion:

Growth Opportunities: bid on more commercial contracts in growing city.

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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