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RE:  Plumbing Business With 40% Net Margins Contact:  Will Simmons
License #: 1002237

Quick Facts

Asking Price: $600,000
Annual Revenue: $718,908
Net Profit: Not Disclosed
Cash Flow: $309,768
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 32
Employees: 2
BBN Listing #: 421862509
Broker Reference #: Not Disclosed

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Business Overview:

The current owners began operating the business in 1990 with the goal of providing fair and honest services to their suburban, family-centric community. The business is a leader in the plumbing space, dealing mainly with repairs, installations, insulations, sewer work, and plumbing line replacement, all with minimal equipment. They also offer camera inspections for sewers as well. The firm’s customer base is mostly residential clients with a minimal amount of commercial clients, and a majority of the company’s business is based the wealthy Western suburbs of Los Angeles.

The broker of record for this transaction is Jon Nesbitt, CA License #1002237

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Property Features and Assets:

The plumbing business is operated out of a home office owned by the current owners.

Market Competition and Expansion:

The company’s main competitors are other local plumbing businesses. However, The firm’s reputation in the area allows them to beat much of the competition and secure recurring revenue. The business has avenues for growth, including optimization of digital marketing, creating a website for the business, and entering the plumbing construction space. For optimization of digital marketing, a new owner could leverage social media advertising and Google Search Engine Optimization (SEO) in order to gain more clients. Creation of a website and subsequent lead capture form will allow the business to maintain a stronger online presence, which will help to gain clients. In addition, this website could be used to highlight the company’s service offerings, helping potential customers find plumbing services they are looking for. The business does not currently do construction, and expanding the company to include this service will allow the business to reach surrounding areas.

Reason for Selling:

Retiring

Additional Details:

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

Relevant Links:

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