Plumbing (Commercial & Residential)

Portland, OR
Multnomah County

Asking Price: Annual Revenue:
$4,200,000 $3,400,000

Services: Construction, Contractors

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RE: Plumbing (Commercial & Residential) Broker: Stephen Cohen
Owner Financing is Available!
The seller will finance a portion of the transaction for a qualified buyer.

Quick Facts

Asking Price: $4,200,000
Annual Revenue: $3,400,000
Net Profit: Not Disclosed
Cash Flow: $1,800,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 57935781
Broker Reference #: PPM2021

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Business Overview:

This company is a successful, multiple decade old residential and commercial plumbing company. The business has an incredible reputation due to excellent customer service and a willingness to serve a large geographical area. Remodels, re-piping, fixture replacement, water heaters and drain cleaning are the most frequent residential services delivered. Commercial work includes design build services, tenant improvements, industrial piping and heating water systems. They have built strong and long-lasting relationship with a number of seasoned developers which will lead to work for many years to come. The business only operates during business hours on weekdays. Emergency evening and weekend work would create additional revenue.

The company has a convenient four thousand square foot location with plenty of parking and a mix of offices and storage. The property is owned by the seller and will be leased for $2,500 a month total. Included in the purchase are ten vehicles with eight being purchased in 2000 or later. All vehicles and equipment are well maintained and logs are on site. Also included are a Kubota L3400 tractor and 2 Scissor Lifts. There are plenty of tools and valuable inventory to help in a seamless transition.

The business is staffed by seven plumbers in the field with 2-30 years’ experience paid at a rate of $20-$38 and hour. A part time office manager and bookkeeper is also part of the company. Two person ownership works 60-70 hours a week as a combined unit with one in the field and the other responsible for bidding, staff management and some scheduling.

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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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