Business For Sale

Successful, High Volume Plumbing Contractor

Yorktown, VA
York County


Asking Price: Annual Revenue:
$2,300,000 $2,400,000

Services: Construction, Contractors


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RE: Successful, High Volume Plumbing Contractor Broker: Bob Adams
Owner Financing is Available!

Quick Facts

Asking Price: $2,300,000
Annual Revenue: $2,400,000
Net Profit: $330,000
Cash Flow: $700,000
Total Debt: Not Disclosed
FF&E: $250,000
Real Estate: $650,000
Year Established: 1981
Employees: 17
BBN Listing #: 171255538
Broker Reference #: AC801

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Business Overview:

This professional plumbing company has been in business for almost 4 decades and has built a steady, loyal client base of repeat customers. It can repair, service and maintain just about any form of plumbing and heating systems and has a balanced blend of commercial and residential clients (50/50). It has a highly skilled workforce and office staff, totaling 17, that have been with the company for many years.
Customers include property owners and managers, commercial and industrial businesses, contractors, and municipalities. Its’ business model focuses on building lasting relationships, so the customer will trust them when it comes time for service, resulting in consistent financial performance and revenues.
Sales have historically been over $2m for the last 3 years and over 500,000 in Sellers Discretionary Cash Flow. There are significant opportunities for growth. It has all state-of-the-art equipment, tools and fleet, and specialized equipment; the company is prepared for any job.

The business is owned by husband and wife and will stay on up to one year, as needed. The husband is also willing to maintain his position as Supervisory after the sale, should the buyer wish.

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Property Features and Assets:

The facility is center of the demographic sales area and conveniently within 10 minutes of Interstate-64, the only Interstate between Southside and Richmond. The real estate is available to purchase for $450,000. It includes .71 acres with a 5,000-square feet building, ample parking for employees, and a secured lot in the back for company vehicles and equipment. The Owner also owns the undeveloped lot next door and is available for $200,000.

Market Competition and Expansion:

• Equipment is continually updated, as needed, to ensure maximum efficiency • Company has the latest technology in place with real-time data access. • Company provides a work environment that fosters teamwork and happy employees • Experienced office staff and long-term employees in place • Personalized and highly efficient service with processes and procedures in place.

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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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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