Plumbing Company (Northern Oregon Territory)

Not Disclosed, OR


Asking Price: Annual Revenue:
$1,500,000 $1,200,000

Services: Construction, Contractors


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RE: Plumbing Company (Northern Oregon Territory) Broker: Stephen Cohen
Owner Financing is Available!
The seller will finance 50% of the transaction for a qualified buyer.

Quick Facts

Asking Price: $1,500,000
Annual Revenue: $1,200,000
Net Profit: Not Disclosed
Cash Flow: $500,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 144835781
Broker Reference #: P2020

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Business Overview:

This business is a well established, 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. Repairs, water heaters, drain cleaning and backflow testing are the most frequently services delivered. The business only operates during business hours on weekdays. Emergency evening and weekend work would create additional revenue.

The company operates out of a convenient twenty thousand square foot location with a mix of buildings, parking and storage. The property is owned by the seller and will be leased for $2,500 a month total. Included in the purchase are six well maintained vehicles in good condition. A 2008 Jetter is also included as well as two new video cameras with snakes, recorders, and locators. There are plenty of tools and valuable inventory to help in a seamless transition.

The business is operated out of a 450 square foot office onsite. Two other buildings are on the property including a 1500 square foot covered space and a 1000 square foot enclosed/insulated space. The business is staffed by five individuals including 2 journeymen plumbers, 2 laborers, and an office manager. Ownership works 25-30 hours a week in the field and is also responsible for staff management and some scheduling. The business is extremely well run and recently added credit card readers to be used onsite. Although the company has some new construction and commercial projects, a new, energized owner could further leverage the experience and reputation to increase revenue.

The lead business broker for the company at IBA is Stephen Cohen. Please contact Mr. Cohen. This is collaborative representation project with Omni Group International, LLC.

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Reason for Selling:

Retirement

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.

Relevant Links:

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