Established Plumbing Business - Owner Retiring

Business Overview:

Since 1989 this plumbing business has established itself with a great reputation. 90 percent of the work is repeat residential with the other 10 percent being commercial work include plumbing repairs and replacements of faucets, fixtures, water heaters, garbage disposals and heating boilers. Renovation work includes bathrooms and kitchen and new additions. Owner will stay on for 4-6 weeks to help with a smooth transition period. This business is a great add on for an existing operation or for someone looking to break out and own an established operation. Some owner financing of up to 20% is available to qualified buyers. All numbers are based on 2020 tax returns. Previous years were obviously better but this year was off due to Covid. Previous years profits are over the $100,000 range.

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Market Competition and Expansion:

Aggressive marketing campaign, website and social media all would help gain more revenue. Current owner does not spend any money on marketing the business, which a new owner/operator would greatly benefit from.

Reason for Selling:

Retirement

Additional Details:

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