Successful Plumbing/Utility Company

Not Disclosed, IA

Not Disclosed.

Asking Price: Annual Revenue:
$899,000 $2,119,112

Services: Construction, Contractors

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RE: Successful Plumbing/Utility Company Broker: Rey Gonzales

Quick Facts

Asking Price: $899,000
Annual Revenue: $2,119,112
Net Profit: Not Disclosed
Cash Flow: $449,360
Total Debt: Not Disclosed
FF&E: $400,000
Real Estate: Not Disclosed
Year Established: 1986
Employees: 15
BBN Listing #: 7374955
Broker Reference #: 5401-14830

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Business Overview:

In operation for over three decades, this business provides plumbing and underground utility services. With approximately sixteen employees, the business has built a solid customer base and is well regarded in the industry.

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Property Features and Assets:

The business is housed in a 3,000 square foot commercial building, centrally located. The real estate is suitable for the business and can handle added growth. Sellers own the real estate, and it is offered for sale or lease. Total Assets Included: $430,000

Market Competition and Expansion:

As is the nature in this industry, competition does exist. However, this business has been in operation for over three decades and has built an excellent customer and client base, and a solid reputation across the region. The business added an underground utility division seven years ago that continues to grow. In conjunction with a successful plumbing division, the business has excellent growth potential going forward.

Reason for Selling:

Seller is looking to retire.

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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