Highly Profitable Plumbing & Heating Contracting

Not Disclosed, WA
Spokane County


Asking Price: Annual Revenue:
$581,000 $990,275

Services: Construction, Contractors


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RE: Highly Profitable Plumbing & Heating Contracting Broker: Brain Southworth

Quick Facts

Asking Price: $581,000
Annual Revenue: $990,275
Net Profit: Not Disclosed
Cash Flow: $221,809
Total Debt: Not Disclosed
FF&E: $132,000
Real Estate: Not Disclosed
Year Established: 1989
Employees: 5
BBN Listing #: 97384955
Broker Reference #: 8003-15860

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Business Overview:

The Company specializes in new home construction plumbing. They also provide radon mitigation systems on new home projects and provide all of the updates, repairs and water heater change-outs to a 100+ unit apartment building.

The Company prides itself on the team environment they've created as well as the stellar reputation they've earned with their customers, contractors, suppliers and inspectors over their 31 year history in the market they serve.

Their work is exemplary. They show up clean, professional and on time.

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Property Features and Assets:

The Company leases 4,400 square feet of space in a building constructed in 1993. The building is situated on .33 acres (14,200 square feet) and is centrally located in the market they serve. The interior space includes 500 square feet of office space and lunchroom space and 3,900 square feet of shop and warehouse space. The parking lot is paved and the entire perimeter of the property is securely fenced and gated. Assets= $157,000

Market Competition and Expansion:

The Company is one of the oldest plumbing companies in the market it serves. While not the biggest they are highly respected and considered a cornerstone of the industry in their market. The industry forecast is strong in both new construction and service work and the market the Company serves is expanding rapidly. There is substantial growth potential in the service side of the business. The Company currently turns away calls for service on a daily basis.

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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