Plumbing Residential Service Est 75 years

Not Disclosed, FL
Palm Beach County

Asking Price: Annual Revenue:
$329,999 $579,980

Services: Construction, Contractors

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RE: Plumbing Residential Service Est 75 years Broker: Erin Crawford

Quick Facts

Asking Price: $329,999
Annual Revenue: $579,980
Net Profit: Not Disclosed
Cash Flow: $143,271
Total Debt: Not Disclosed
FF&E: $20,000
Real Estate: Not Disclosed
Year Established: 1954
Employees: 2
BBN Listing #: 1776630
Broker Reference #: 6401883386

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Business Overview:

Very established plumbing service contractor 60% res/40% comm, servicing customers from Delray to Palm Beach Gardens for more than 75 years. This business is backed by well-known name and touts' solid financials. 2 journeymen plumbers perform bulk of service calls. Currently they only make calls Mon-Fri with emergency service for established clients after hours, weekends and holidays. Room for expansion to expand after-hours calls. 3 equipped newer vans. Trademark included as a license for the current service area and available for purchase if desired. Seller will transition for 4 weeks! Seller will offer new lease at a great rent on a main road through the heart of Palm Beach County. All W2 employees. Financials represented include hiring office manager/bookkeeper to replace seller's wife. Annualized 2020 from actual Jan-Aug Profit and Loss. Seller will qualify business for a fee after transition and additional qualifier available for a fee if buyer needs SBA Financing. Don't let this one get flushed away! Please refer to this listing 6401883386, business broker Erin Crawford when you inquire about this listing.

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Property Features and Assets:

Lease/Month: $1,200; Square Footage: 1,000; Building Type: Office; Terms & Options: NEW LEASE; Expiration Date: 8/31/2025.

Market Competition and Expansion:

Non Compete : Miles: 25 Years: 3

Reason for Selling:

Retiring and Relocating.

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.

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