Business For Sale

Established NorCal Plumbing & Septic Biz - 30% Com

Sonoma, CA
Sonoma County


Asking Price: Annual Revenue:
$1,500,000 $1,671,000

Services: Non-classifiable


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RE: Established NorCal Plumbing & Septic Biz - 30% Com Broker: Rick Carlson
License #: 01820673
Owner Financing is Available!
$150,000 Down! SBA approval pending Buyer Qualification!

Quick Facts

Asking Price: $1,500,000
Annual Revenue: $1,671,000
Net Profit: Not Disclosed
Cash Flow: $418,000
Total Debt: Not Disclosed
FF&E: $300,000
Real Estate: Not Disclosed
Year Established: 1991
Employees: 11
BBN Listing #: 517827574
Broker Reference #: 595 Plumbing

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Business Overview:

$418,000 NET INCOME! 3.59x Earnings is Juicy - RE Available Also for $850k On Top!
Turnkey phenomenal opportunity to acquire a prime piece of commercial real estate and a growing business opportunity with an established reputation and proven dominance in the local market. RE is available for $850,000 on top of purchase of business, though not a requirement of Closing. Buyer will need to have a state-issued C36 plumbing contractor's license to operate this business. Includes a large roster of recurring yearly revenue clients, excellent local marketplace awareness / tradename / goodwill, and a crew of seasoned plumbing technicians that can address nearly every conceivable field call that comes in. Sellers occupy a portion of the real estate building, with the balance rented out to a stable tenant. Significant increases in sales year over year from '16 to '17 and profits have climbed significantly as well. Scope of services include typical house calls, broken pipes, clogged septic tanks, drain cleanings, water line replacement services as well. NDA is required for exact business address to do a tour of the facility and secure Confidential Information Memorandum crafted by ProNova Partners.
Detailed Information

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Property Features and Assets:

Inventory: Not included in asking price Real Estate: Owned - Not included in asking price Building Square Feet: N/A Employees: 11 Furniture, Fixtures, & Equipment (FF&E): Included in asking price Facilities: 8,000 square foot building, lot is 5 acres, plenty of room for parking, storage, add additional buildings if you like on premise.

Market Competition and Expansion:

Competition: There are competitors, but none with the well respected branded name of this Company. Growth & Expansion: Social media presence is weak and there are negative reviews lingering from the previous owner who mismanaged the business. There is a tremendous opportunity to shore this up and make it an asset instead of a liability.

Reason for Selling:

Retirement

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.

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