Residential Plumbing Business

Not Disclosed, FL
St. Lucie County


Asking Price: Annual Revenue:
$375,000 $645,539

Services: Construction, Contractors


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RE: Residential Plumbing Business Broker: Steve Fenton

Quick Facts

Asking Price: $375,000
Annual Revenue: $645,539
Net Profit: Not Disclosed
Cash Flow: $148,936
Total Debt: Not Disclosed
FF&E: $18,000
Real Estate: Not Disclosed
Year Established: 2000
Employees: 4
BBN Listing #: 449911185
Broker Reference #: 170-02895

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Business Overview:

OVERVIEW: Steady 21-year local Plumbing business. Recognized name for superior service in the Treasure Coast market. Stellar reputation, healthy pipeline, clean books, and most importantly, consistent revenues and profits. Perfect add-on for an existing contractor desiring loyal clientele, or licensee wanting his first plumbing business.
BUSINESS MODEL: Working with 4 crews with 5 fully equipped work trucks/vans and 2 trailers included free and clear. 95% residential, servicing 4 to 8 local builders plus homeowners. New construction 80%, service 20%. The service area is always-growing Martin and St. Lucie counties, one of the fastest growth Florida markets, with 1000’s of homes approved for construction, and buyers streaming up from south Florida and from NY, CA, and NJ for housing affordability, no cold winters, and gorgeous crowd-free beaches!

FINANCING: It is anticipated that SBA lending will be available for purchase financing. SBA waiving 2.5% Guarantee Fee and first 3 months payments; $1,000s in savings ends September.
LICENSING: While contractor’s license is not required for a cash purchaser, it may be required for SBA financing. Owner will agree to qualify for up to one year while buyer becomes licensed or hires a qualifier. Owner will also remain employed in a supervisory/sales role for reasonable negotiated compensation.

NEXT STEPS: All buyers need to complete and sign Non-Disclosure Agreement (NDA) to ensure confidentiality of sensitive business information. DON"T miss this one - at the price-point with team, equipment and reputation, this attractive business will be gone soon.

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Property Features and Assets:

Inventory: $20,000 (Included). Lease/Month: $1,150. Square Footage: 1,200. Building Type: Warehouse/Office. Terms & Options: Annual renewals. Expiration Date: 4/1/2022.

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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