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- RE: Well-Known General Plumbing Contractor In SE FL
- Contact: Randy Bring
Quick Facts
Asking Price: | $325,000 | |
Annual Revenue: | $1,497,095 | |
Net Profit: | $465,074 | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | $40,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2022 | |
Employees: | 20 | |
BBN Listing #: | 934965 | |
Broker Reference #: | 101278594 |
Business Overview:
Well known SE Florida general plumbing contractor with a focus on medium and large commercial and residential building projects. Change in professional direction requires a sale of this business which is a perfect add on for an existing plumbing company or an ideal platform to enter this trade. Employs a staff of 20 including the G.M. whose main role is estimator. Owner works remote, part-time and mostly in a financial role. Income of $1.497MM and NOI of $465K is through 10-30-23 and includes G.M.’s salary of $138K. No other “adjustments” to financials have been made. Seller will qualify Buyer’s license at Seller’s discretion at $500.00/week as needed. This sale INCLUDES approx. $790K in current A/R, Buyer to ASSUME approx. $180K in local trade debt. All tools, equipment and a service van are included. Pipeline of scheduled commercial construction work through 2024 is approximately $3-$4.0MM. Seller’s G.M will stay on and transition up to 6 months post sale at agreed terms. This is a union shop and a home based business. Ideal Buyer has direct industry experience. Please refer to listing #0101-278594 & ask for Randy Bring when inquiring.
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Property Features and Assets:
Homebased
Market Competition and Expansion:
Unknown/Unlimited
Reason for Selling:
Change in professional direction
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is a homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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