Business For Sale

Award-Winning Plumbing Company Houston - RE Avail

Houston, TX
Harris County


Asking Price: Annual Revenue:
$425,000 $1,113,292

Services: Construction, Contractors


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RE: Award-Winning Plumbing Company Houston - RE Avail Broker: Peggy Tate

Quick Facts

Asking Price: $425,000
Annual Revenue: $1,113,292
Net Profit: Not Disclosed
Cash Flow: $230,204
Total Debt: Not Disclosed
FF&E: $164,000
Real Estate: $225,000
Year Established: 1990
Employees: 9
BBN Listing #: 847813260
Broker Reference #: 7984PT

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Business Overview:

In operation since 1990, this very established, award-winning plumbing business provides services to the clients of several nationally-known large residential companies. The relationships with these companies are long term and extremely stable. Due to the reputation of this company for high quality service, additional national residential companies have approached the owner to also do work for them but they are turned away because the owner is comfortable with current size of the company. About 60% of the Company’s revenues are generated directly from national residential companies, 30% comes from individual customers and 10% of revenues come from services provided to two property management firms. There are about 10,000 customers in the Company’s database. Services are provided to residential customers only and cover all types of plumbing services, including water heater installation, gas leaks, camera pipe inspection, sewer repair, water line repair, tunneling and A/C line stoppage. There are 7 full-time plumbers, 2 part-time contractors plus 2 full-time office workers, not including the owner. The employee relationships are long term and stable. Licensed plumbing businesses are required to have a master plumber on staff. The current owner is not a master plumber but contracts with one part-time who has been with the company for several years. This master plumber desires to continue to be the company’s master plumber following the sale of the business. The owner would be agreeable to working full-time for the buyer for up to 3 months and continue part-time for up to one year. The owner is very committed to a thorough, successful transition. The office/warehouse is available for lease at $1,500/month or is optionally available for purchase for an additional $225,000. Great opportunity to acquire a steady, solid business that can be easily grown by adding plumbers to handle the increasing demand from the national residential companies or to expand into offering additional services directly to home owners. Please refer to CBB Listing #7984PT

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Property Features and Assets:

1,800 square feet freestanding facility.

Market Competition and Expansion:

Social media marketing and direct mail campaigns.

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.

Documents:

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