Seller's Contact Information
- RE: Well Established Residential Plumbing Company I...
- Contact: Katherine Harris
Quick Facts
Asking Price: | $1,495,000 | |
Annual Revenue: | $1,080,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $415,000 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 1997 | |
Employees: | 8 | |
BBN Listing #: | 416264576 | |
Broker Reference #: | COLUMSC001-52915 |
Business Overview:
This full-service plumbing company is located north of Charlotte, North Carolina. They provide residential and commercial plumbing solutions The majority of revenue (71%) is generated through residential repairs and services. New construction is less than 3% of sales.Operating for over 25 years, the business has grown to be one of the leading providers of plumbing services in the surrounding area. It is located on a 1-acre site with an office, shop, storage buildings, and a large yard for equipment. The property is available for sale but is not included in the asking price. The business holds longtime success in the plumbing service industry primarily due to its dedication to customer satisfaction, competitive prices, and honest business practices. Recent financials show significant upward trends in total gross sales and net profit. Highlights:- Long-established business with a solid reputation- Strong mid-level management- Strong Sales and Cashflow growth- Sales Mix: Residential - 71%, Commercial ? 29%- No commercial new construction, very little residential new construction - Recession-resistant businessThis would be a tremendous opportunity for a licensed plumber looking to own their own business or an existing plumbing or HVAC company looking to expand.To complete our NDA and download our Confidential Business Summary, which contains more information about this business, please fill out the Contact Form. You can also contact Katherine Harris at kharris@sunbeltnetwork.com or 803-779-2919. An NDA and Buyer Profile will be requested.
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Reason for Selling:
The owners are looking to slow down and step back.
Additional Details:
- The property is owned.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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