30+ Year Plumbing Contractor Seeks Successor

Not Disclosed, MO


Asking Price: Annual Revenue:
Not Disclosed $10,500,000

Services: Construction, Contractors


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RE: 30+ Year Plumbing Contractor Seeks Successor Broker: Steve Denny

Quick Facts

Asking Price: Not Disclosed
Annual Revenue: $10,500,000
Net Profit: Not Disclosed
Cash Flow: $1,250,006
Total Debt: Not Disclosed
FF&E: $977,745
Real Estate: Not Disclosed
Year Established: 1992
Employees: 45
BBN Listing #: 56653789
Broker Reference #: LST 1173

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Business Overview:

Mid-America established and highly profitable Plumbing contractor focusing on new construction. Founded in 1992, this company has the experience, reputation, and resources to deliver continued growth for the next 30+ years.

The company is focused solely on new construction. This provides an exceptional working environment for the plumbers and the owners. All business activities happen during traditional business hours, Monday- Friday from 8a-4p. All work is scheduled in a team environment and material is delivered directly to the job as needed. For the plumbers, working only with new materials and having a predictable schedule that doesn’t involve nights, weekends and on-call duty provides a preferable work environment.

This is a proudly UNION shop. The licensed plumbers, Apprentices, and Journeymen are well-trained and reliable. The average tenure is long and the business doesn’t struggle with tardiness, absenteeism, or other non-productive HR issues. The employees enjoy a sustainable, living wage and the owners are able to build employee reliability into their bid strategy. This has created a WIN-WIN-WIN for customers, employees, and owners.

The company enjoys a steady stream of bid opportunities. It is currently working through a backlog of awarded projects in excess of $17.7 million. This is a great opportunity to acquire a highly skilled, reputable contractor in a growing market. Ownership has put an excellent foundation in place and is looking for a successor that can take this company to the next level.

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Property Features and Assets:

Miscellaneous furniture, fixtures, building improvements, vehicles, machinery and equipment.

Market Competition and Expansion:

Significant room for growth and expansion. Call broker for more details.

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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