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- RE: Plumbing Company
- Contact: Celeste Garner
Quick Facts
| Asking Price: | Not Disclosed | |
| Annual Revenue: | $1,090,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $228,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 979473 | |
| Broker Reference #: | 66102 |
Business Overview:
BUSINESS HIGHLIGHTS:
This is a leading plumbing company that specializes in insurance work and tenant finish-out projects. The Company repairs, tests, and tunnels plumbing systems for properties of all types around its region. In operation for nearly 20 years, the Company has developed a broad set of capabilities and has completed work on a variety of projects. The Company has strong relationships with key customers in a variety of markets including Residential, Commercial and Institutional. The Company specializes in all residential and commercial plumbing services. The Company provides emergency repairs, preventive maintenance, systems testing, and tunneling services. From initial customer contact to the completion of service, the Company actively engages with customers to assure customer satisfaction and boost customer loyalty. The Company takes pride in helping its customers fix and maintain their plumbing systems at an affordable price.
INVESTMENT APPEAL:
• Diversified Customer Base: No single customer amounted to a material portion of revenue during the historical period. The diversified customer base helps ensure that the Company will not be significantly impacted by the loss of a single account.
• Strong Client Relationships: The Company is proud of its strong ties to clients and its reputation for quality work and client service. Evidence of these relationships is shown in the 50% rate of repeat business, as well as the fact that all of the Company’s revenue is from referral based business.
• Strong Client Relationships: The Company has built an extensive customer list and good industry relationships since its inception. The customer base is loyal, shown in the fact that four of the top five clients have been working with the Company for at least seventeen years, and many have been using the Company since its founded.
• High-Caliber and High-Tenured Staff: The Company fosters a workplace where its extremely experienced and talented master plumbers are able to thrive and grow, and therefore remain long term. The Company has multiple journeyman plumbers on staff, the top rank of any master plumber.
• Management Will Remain through Transition: Management is willing to remain through the transition period, and would entertain remaining with new management for a longer period of time on a consultancy basis. Additionally, all key employees are expected to remain with new ownership beyond the sale of the Company.
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Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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