Business Overview:
Reason for Sale: Retirement- Extremely Profitable South Florida Plumbing Contractor. Since 2007 the company has been servicing Broward, Palm Beach, Dade County for all home repairs & new residential and commercial construction installations. 60/40 split between Commercial & Residential sales. 2021 Sales exceed $4.0 million with an EBITDA of $1.1 million++. Family management in place & will stay with the new owner for long term transition. Strong pipeline in place for 2022. Seller will provide long term lease ($4225/month). Seller has built a very strong team of experienced plumbers to service & build the business. Complete confidential memorandum will be provided once a buyer qualifies for the opportunity & the seller approves the buyer.
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Property Features and Assets:
Rent $4225/Month Lease Exp 12/31/2026- 1970 sq ft - One 5 yr option.
Assets = $622,000.
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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