100% Absentee Owned Plumbing Service Company

Not Disclosed, FL
Orange County

Asking Price: Annual Revenue:
$1,260,000 $1,366,470

Services: Non-classifiable

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RE: 100% Absentee Owned Plumbing Service Company Broker: Jason Godwin

Quick Facts

Asking Price: $1,260,000
Annual Revenue: $1,366,470
Net Profit: Not Disclosed
Cash Flow: $284,499
Total Debt: Not Disclosed
FF&E: $31,000
Real Estate: Not Disclosed
Year Established: 2017
Employees: 11
BBN Listing #: 999130362
Broker Reference #: 47819167

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Business Overview:

100% Absentee owned plumbing service company focused on the property management industry. Founded in 2018 with absentee ownership in mind, this company has experienced explosive growth due to it's reliable service, customer relationships, and the fast growing Florida rental market. Lead by an experienced management team, the owner currently works only 1-2 hours per week reviewing accounting and bookkeeping for the company. By leveraging technology and systems the company has everything in place to facilitate employee operational and financial accountability allowing for the company to thrive under absentee ownership. The company is currently design for all employee to work remotely allowing for a streamlined and lean operational structure. All of these factors have combined to create a remarkable business ideal for am acquiring owner to continue the path of absentee ownership or lead the company in a hands on role, taking the business to the next level.

SBA Pre-qualified! $126,000 down.

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Property Features and Assets:

The Company currently occupies approximately 650 square feet of office space at a multi-tenant. Facility that is owned by the current owner. The company does not pay rent for the space, but fair market value of the space can be calculated based on current tenant rates at the facility as well as tenant rates at nearby facilities. All office staff are able to work from home and operations could be switch to a “work from home” setup. During initial COVID-19 county/state restrictions the ability to work from home was demonstrated without issue. All phone lines are VoIP and dispatching computers are all laptops allowing any office staff member to work from home should arise. All technicians are currently dispatched directly from their homes. The owner is open to renting the space out to a new owner or helping a new owner find another appropriate facility.

Reason for Selling:

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Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is a homebased business opportunity.
  • This is not a franchise resale opportunity.

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