20 Yr Old Plumbing Business w RE/Revenue $700k+

Apopka, FL
Orange County

Asking Price: Annual Revenue:
$1,150,000 $772,444

Services: Construction, Contractors

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RE: 20 Yr Old Plumbing Business w RE/Revenue $700k+ Broker: Anthony Blair

Quick Facts

Asking Price: $1,150,000
Annual Revenue: $772,444
Net Profit: Not Disclosed
Cash Flow: $279,501
Total Debt: Not Disclosed
FF&E: $100,000
Real Estate: Not Disclosed
Year Established: 21
Employees: 6
BBN Listing #: 649035435
Broker Reference #: 4110-00225

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Business Overview:

Owned and operating since 2001, this business has established a strong and positive reputation through offering honest and truthful service without overselling. The business generates approximately 30-40 leads per week through word of mouth, with limited use of advertising. The service area is about 30 miles from the office, but will extend outside of this area for long-tenured clients or for some commercial jobs(which account for about 25% of the over all revenue. On the commercial side, the business services large brands down to many small mom & pop businesses in Central Florida. Residential repair work is the highest revenue generator in the business. While they do not service septic tanks and drainfields, the business does small jobs like replacing toilet flappers, all the way to completing the plumbing work when building a house.

Target margins for materials are at a minimum of 37%. The owner of the business holds a Certified Plumbing Contractor license and spends about 50 hours per week in the business; doing mostly all estimates/bidding, managing vendors/supply houses, and trouble shooting on some jobs. The owner is willing to stay on for new ownership, post-sale. The business comes with a fleet of trucks, vans and plumbing tools. Also included in the price is the Real Estate where the warehouse/office operates out of. The industrial/warehouse is zoned a stand-alone building has a large fenced in parking lot and has recently been renovated with modern/updated bathrooms, floors and finishes. 2021 numbers are annualized (from7months) to be slightly less than 2020, mostly due to shortage of available labor(and being unable to fulfill the leads coming in). BBF # 4110-00225

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Property Features and Assets:

Lease/Month: $2,100 | Square Footage: 3,463 | Building Type: Stand Alone | Terms & Options: Owned/Negotiable | Expiration Date: 12/31/2021

Reason for Selling:

Retirement,Other Business Interest

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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