Family Owned Plumbing Business

Not Disclosed, UT

Asking Price: Annual Revenue:
$300,000 $431,356

Services: Construction, Contractors

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RE: Family Owned Plumbing Business Broker: Marvin Slovacek

Quick Facts

Asking Price: $300,000
Annual Revenue: $431,356
Net Profit: Not Disclosed
Cash Flow: $135,860
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: 1972
Employees: 4
BBN Listing #: 32074955
Broker Reference #: 7401-16400

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Business Overview:

This is a well-established, long- standing plumbing business with a strong base of loyal customers. There are two full time plumbers handling all of the work. Demand for services has not abated since the passing of the former operator; however since he was actively involved as a plumber, and has not been replaced, the revenue stream has declined slightly. The bulk of the clients are residential customers and require repair/maintenance service rather than new construction activities.

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Property Features and Assets:

This business is operated from a dedicated office adjacent to the owner's residence. It could easily be moved to an alternative location. Assets = $50,500.

Market Competition and Expansion:

There are many plumbing companies in this section of Northern Utah; many of whom could provide similar services. However, a 50 year history of outstanding and dependable service cannot be duplicated. This represents a competitive advantage that will remain with the business. The potential to take advantage of the long successful history of this company is huge. Actively doing business utilizing the excavator would immediately increase sales. Hiring an additional plumber to take advantage of business that cannot be completed due to lack of capacity would quickly generate additional revenue. Creating and building an on-line presence would be a key in generating additional business.

Reason for Selling:

The owner's spouse, who was the primary operator.

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.

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