Plumbing Contractor - Highly Profitable

Schererville, IN

Illiana Area


Asking Price: Annual Revenue:
$540,000 $600,000

Services: Construction, Contractors


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RE: Plumbing Contractor - Highly Profitable Broker: Robert Allen
Owner Financing is Available!
During an ownership transition, the owner is available to provide both training and support, for a negotiated period of time, as needed by the buyer. If need be, the owner is willing to provide specialized consulting, for an additional fee.

Quick Facts

Asking Price: $540,000
Annual Revenue: $600,000
Net Profit: Not Disclosed
Cash Flow: $250,000
Total Debt: $53,000
FF&E: $190,000
Real Estate: Not Disclosed
Year Established: 1994
Employees: 2
BBN Listing #: 249354702
Broker Reference #: Not Disclosed

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Business Overview:

This highly-profitable, process-driven Plumbing Contractor has been serving the Illiana area (South, Southwest and Western Suburbs of Chicago as well as Northwest Indiana) for over 25 years.

Highlights:
> Loyalty membership provides consistent income and steady work flow.
> Fat Rate pricing system allows for quick training of new hires.
> Excellent Rating at the BBB.
> Excellent ratings and reviews on Google.
> All necessary Vendor Accounts already established.
> Branded stickers in thousands of homes.
> Excellently tracked advertising program allowing for micro management of spend.
> Consistently provides over a 40% net.
> Established marketing program provides consistent source of new leads.
> Truck inventory system insures virtually no trips to supply houses resulting in high
labor efficiency.
> New trucks professionally designed and lettered present quality appearance to
consumer.

They provide premium value to residential and commercial clients as a one-stop shop for any plumbing requirement and can handle any size plumbing problem. Additionally, they offer complete, one-stop bathroom remodeling services. 60% of their residential service revenue is derived via their exclusive Customer Loyalty program.

This is a sound business opportunity for the right buyer.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

1,500 Square Feet Warehouse and office space leased until June 2020.

Market Competition and Expansion:

Many small area players. Few possess similar brand recognition, market reputation and recurring revenue from established Customer Loyalty program. This company delivers a stable, long-term presence in the Illiana market with room to grow. Clear, identifiable growth opportunities include improving staffing levels, developing cross-marketing opportunities with HVAC companies, scaling commercial and remodeling revenue.

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • 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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