Profitable Plumbing Business w/Great Reputation

Not Disclosed, OR


Asking Price: Annual Revenue:
$140,000 $163,230

Services: Construction, Contractors


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RE: Profitable Plumbing Business w/Great Reputation Broker: Robert Landau

Quick Facts

Asking Price: $140,000
Annual Revenue: $163,230
Net Profit: Not Disclosed
Cash Flow: $67,337
Total Debt: Not Disclosed
FF&E: $30,000
Real Estate: Not Disclosed
Year Established: 1971
Employees: 1
BBN Listing #: 228252348
Broker Reference #: 59071-212147

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Business Overview:

Family Owned Residential Plumbing and Heating service business has been in operation for 50 years and is ready for a new owner. With a database of over 1,800 repeat customers, they currently turn away business as the owner is not physically able to perform all types of service. 65% of business comes from property management companies. The new owner will acquire a business with all the equipment, truck and tools to service current customers, and have the ability to take on as much work as they can handle. Huge growth opportunity.
Purchased as an employee from original owner 50 years ago. Owner used to run this business solo, but as he became older, brought in his son to perform the plumbing work and he and his wife answer the phones and do the books part time from home.
There is always a shortage of reliable and skilled plumbers. There are numerous plumbing contractors in the Portland metro area, but few that match the reputation and loyalty of this company. Current customer base includes property management companies and residential repeat customers.
Enormous growth potential. Owner is elderly and turns down complex and demanding jobs due to physical constraints. Opportunity to expand service into remodeling, and more strenuous and profitable jobs. Owner does no advertising. New owner could grow organically through current customers or advertise to win new ones.

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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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