Established Plumbing and Piping Company

Not Disclosed, MI

Southeast Michigan


Asking Price: Annual Revenue:
$1,250,000 $2,167,310

Services: Utilities: Electric, Gas, Water, Sanitary


Request More Information
Contact the Seller

RE: Established Plumbing and Piping Company Broker: Jared Olson
Owner Financing is Available!
12.5% Seller Financing or Equity $156,250.

Quick Facts

Asking Price: $1,250,000
Annual Revenue: $2,167,310
Net Profit: Not Disclosed
Cash Flow: $347,503
Total Debt: Not Disclosed
FF&E: $10,575
Real Estate: Not Disclosed
Year Established: 2006
Employees: 15
BBN Listing #: 309934398
Broker Reference #: TRA035-B

Email or Print Listing

Request More Information
Contact the Seller


Business Overview:

This plumbing and piping company has a client base made up of 80% repeat customers! Based in Michigan, this business is well established with an excellent local reputation. Services offered include plumbing (which makes up 75% of service base) and pipe-fitting (25% of service
area). This business comes with a well-established team of 11 including 7 Full Time field technicians, 2 Part Time estimators, 1 Part Time bookkeeper, and 1 Part Time administrative worker. Current ownership works full time overseeing estimates and visiting job sites weekly. They have offered a transition period of up to 3 years to ensure a smooth transition and to provide all information and skills needed for new ownership to enjoy further growth. A main reason for the success this business is enjoying is their extreme focus on customer service,
especially the quality and timeliness of jobs. Situated in a growing industry in a strong location, clear growth opportunities present new ownership a route to great rewards in the face of growing competition. Outside of receiving work from both open and closed bids, the current
owner’s only effort put towards recruiting new clients is cold calls when they have time, and a marketing campaign can elevate this business to an even larger client base. With their high rate of return clients, this additional marketing or advertising campaign could result in ongoing dividends of returning clients for years to come. A well-planned hiring
campaign to bring in more laborers offers another path to growth. The team works out of 5,000 square feet building with 3,500 square feet dedicated to the shop, and 1,500 square feet to the office. There is plenty of room to expand operations and bring in more laborers.

Priced at $1,250,000, a 12.5% down payment of $156,250 returns $164,706 in the first year after debt payments! This established and profitable plumbing service business is ready for new ownership to enjoy currently established partnerships and continue to create new ones.

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:

Lease: $2,250, month to month lease. 5,000 square feet, 3,500 shop, 1,500 office.

Market Competition and Expansion:

Growth Opportunities: Increase marketing and advertising presence. Hiring campaign to bring in more laborers.

Reason for Selling:

Seeking to sell to strategic new owner who will grow

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.

Documents:

Relevant Links:

Request More Information
Contact the Seller



BusinessBroker.net is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!