Profitable Plumbing Business With Great Reputation
Not Disclosed, OR Washington County
Oregon & SW Washington
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- RE: Profitable Plumbing Business With Great Reputation
- Contact: Linn Crader
Quick Facts
| Asking Price: | $4,400,000 | |
| Annual Revenue: | $5,996,265 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $1,764,435 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $534,725 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1977 | |
| Employees: | 28 | |
| BBN Listing #: | 93424955 | |
| Broker Reference #: | 8101-17935 |
Business Overview:
The Company is a full-service commercial and residential plumbing contractor that offers design/build, design/assist, consulting, and project management services for new construction, while also offering remodeling and service calls for both commercial and residential customers. Eighty percent of plumbing services are commercial, which is the primary target market, catering to new commercial construction, remodeling of buildings and service work. The secondary target market is remodeling work (10%) and service work (10%) for residential customers. The Company has achieved organic and strategic growth starting as a small regional plumbing contractor focused on residential and light commercial into a mid-size full-service plumbing contractor serving both residential and commercial customers. The Company has a strong base of loyal customers that have been served for many years. Approximately 75% of revenue comes from new construction and 25% from repairs.
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Property Features and Assets:
The Company is conveniently-located with 1,500 square feet of office space, two storage buildings and multiple connex containers for material and equipment storage.
Assets = $2,504,389
Market Competition and Expansion:
90% of the Company's services are provided in the large metro area where there are a plethora of plumbing firms. However, few if any, measure up to the standards provided by the Company, which is evident by the continuous referrals, very little advertising, and the Company's backlog projects. With a well-established, excellent reputation and no cyclical or seasonal factors, the Company has a large opportunity for year-round continued growth.
Reason for Selling:
Owners are retiring.Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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