Established Wake County Plumbing Company
Apex, NC Wake County
High Growth Area
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- RE: Established Wake County Plumbing Company
- Contact: Not Disclosed
Quick Facts
| Asking Price: | $2,100,000 | |
| Annual Revenue: | $4,500,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $803,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2011 | |
| Employees: | 19 | |
| BBN Listing #: | 943153 | |
| Broker Reference #: | 16960351-NI |
Business Overview:
As a $159B industry sector, the Hardware, Plumbing & HVAC Distributors category is a perennial favorite for business owners/investors seeking reliable service businesses that are the cornerstone of construction infrastructure. This business is a rare opportunity in that sector to take step into a decade plus history of hard work and a great reputation.
Positioned for a seamless transition, this cash-flow-positive residential plumbing contracting company comes with a loyal client base, seasoned crews, and a management team. It offers flexibility for geographic expansion to entrepreneurs or can serve as an attractive acquisition for larger organizations looking to bolster their plumbing portfolio. With a solid foundation and lucrative potential, this opportunity awaits a new owner operator or savvy investor ready to take the reins of a thriving enterprise.
Business Highlights:
- Licensed and Insured (Owner may need to bring or hire for a Plumbing-Class I Contractor's license)
- More than a dozen vehicle fleet plus excavators and more
- Diverse customer base, intentional avoidance of customer concentration
- Client base that pays on time of Residential home builders
- Tenured and cross trained crews and a management team that can operate with owner supervision
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Property Features and Assets:
Full fleet of work trucks/vans, excavators, forklift, and assorted construction equipment.
Market Competition and Expansion:
This firm is prepared to expand beyond the Triangle market and has capacity in it's warehouse for more crews.
Reason for Selling:
Retirement
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more North Carolina businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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