Premier Plumbing Supply and Service Center

Not Disclosed, VA

Hampton Roads


Asking Price: Annual Revenue:
$349,500 $1,065,822

Wholesale/Distribution: Durable Goods


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RE: Premier Plumbing Supply and Service Center Broker: Frank Chebalo

Quick Facts

Asking Price: $349,500
Annual Revenue: $1,065,822
Net Profit: Not Disclosed
Cash Flow: $127,972
Total Debt: Not Disclosed
FF&E: $65,239
Real Estate: Not Disclosed
Year Established: 1995
Employees: 8
BBN Listing #: 64634955
Broker Reference #: 2007-17034

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Business Overview:

Operating since 1996, this Premier Plumbing Service Center evolved from humble beginnings as a parts supplier for the homeowner and area plumbers. The owners opened the doors with the long-term goal in becoming the premier one stop shop for anyone with a plumbing need. The need for quality replacement and repair parts was the driving force to their start, and in a brief period the business started to grow and gain momentum. Today the operation canvases every imaginable part and is respected for either having the needed part in stock or having an effortless means by which to get one. In addition, a fully outfitted showroom displays a vast array of new components from sinks to bathtubs, and a whole host of brand name fixtures. Further, the operation is supported by talented and knowledgeable employees who enthusiastically facilitate the challenge in finding and supplying the most difficult and unusual plumbing component. And for the “Do-it-yourselfers”, this business is not only a one stop for the part, but the customer is provided instruction including a demonstration in facilitating the repair. So, what started as a facility providing parts has evolved to a full-service plumbing service center. Customers range from the homeowner to restaurant owners requiring a commercial grade product, to area plumbing contractors. The business is serving a customer base within a 50-mile radius. The show room and facilities are conveniently located, operating in 5,100 square feet with a monthly lease of $4,881. The owners will offer a smooth transition into the business with adequate training and familiarization.

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Property Features and Assets:

The show room and facilities are conveniently located, operating in 5,100 square feet with a monthly lease of $4,881. Assets = $227,635

Market Competition and Expansion:

Adding residential service to their current lineup would significantly increase overall sales. The business is a certified SWAM retailer which can be further capitalized on to enhance sales opportunities.

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.

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