32-Year-Old Plumbing Contractor

Not Disclosed, FL
Palm Beach County


Asking Price: Annual Revenue:
$1,800,000 $2,831,834

Services: Construction, Contractors


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RE: 32-Year-Old Plumbing Contractor Broker: Randy Bring
Owner Financing is Available!
SBA= $1,643,000 @ 6% for 120 mos= $18,241/mo.

Quick Facts

Asking Price: $1,800,000
Annual Revenue: $2,831,834
Net Profit: $404,184
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $100,000
Real Estate: Not Disclosed
Year Established: 1989
Employees: 29
BBN Listing #: 3634630
Broker Reference #: 0101438421

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Business Overview:

A true retirement offering, this is a rare opportunity to acquire an established, 32 year leader in the S. FL plumbing contractor space. Approximately 2/3 of revenue from new construction/renovation of commercial and residential properties, approximately 1/3 from service work. Customers include a roster of blue chip G.C.’s and clients in the hospitality, medical, food & beverage and retail sectors. Company culture extolls the latest in technology, equipment, and industry practices. Large fleet of vehicles included in the sale as is working inventory and all furniture, fixtures & equipment. Seller owns real estate and will enter into an initial 3 year lease with Purchaser or, the business may be relocated at Purchaser’s option, post-sale. Comprehensive 3 month Seller transition. Well tenured management team all expected to stay with new owner. Excellent target for investor Visa and potential strategic add- on for company seeking growth. SBA lender prequalified with 10% down. Please refer to listing #0101428431 & ask for Randy Bring when inquiring.

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Property Features and Assets:

4,810 Square Feet office/warehouse/yard @ $4,167/month.

Market Competition and Expansion:

Unknown/Unlimited

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.

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