Successful Plumbing Business-71430

Not Disclosed, FL

South West Florida Area


Asking Price: Annual Revenue:
$4,200,000 $5,033,637

Services: Construction, Contractors


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RE: Successful Plumbing Business-71430 Broker: Richard Green
License #: 3390595

Quick Facts

Asking Price: $4,200,000
Annual Revenue: $5,033,637
Net Profit: Not Disclosed
Cash Flow: $1,017,311
Total Debt: Not Disclosed
FF&E: $750,000
Real Estate: Not Disclosed
Year Established: 2006
Employees: 38
BBN Listing #: 52355945
Broker Reference #: 8003-71430

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Business Overview:

This highly successful plumbing firm was formed in March of 2006. The firm specializes in both commercial and residential services and it has been providing those services to Manatee, Sarasota, and the surrounding counties for the past 15 years. The scope of work includes new installations, remodels, inspections, and service of all types. They are a full service plumbing solution that works for large and small general contractors, management companies and the general public, but no matter how small or how large the job or the plumbing problem, the firm has a fix.

The owners are supported by skilled internal staff including an Estimator, a Field Supervisor and an Office Manager. One of the owners currently serves as the Service Manager and there are 2 office clerks. The total number of employees including the office staff and field staff, averages 38. That staff total includes multiple installers and 4 designated service technicians with service vans. Most of the team has been with the company for greater than 3 years and have years of commercial and residential plumbing experience. Throughout the years, these plumbers have gained the trust, experience, and responsiveness that customers have come to expect from a professional plumbing company. The company prides itself on performing quality work at a competitive price and it stands behind its workmanship and offers 100% guaranteed satisfaction.

The business has a very clean set of books with minimal "Add-Backs" and it should easily qualify for SBA financing as well as working for those buyers looking for an E-2 or other Visa program business. This is a rare opportunity to buy a substantial subcontracting business that has been highly profitable for many years and offering great future potential for a new owner. The business real estate is available for purchase but not included in this offering price. Seller will offer a lease on the real estate if a new buyer doesn't want to own.

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Property Features and Assets:

Industrial location with office/warehouse and storage lots. Real estate is available for sale at $750,000 or owner will lease space to buyer at negotiated rate. Check out the video: https://youtu.be/OMuhons1fyM

Market Competition and Expansion:

The current market area is South West Florida and the business has seen steady growth and expects that growth to continue due to the general population increase in the area.

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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