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Business For Sale
PLUMBING SERVICE - ESTABLISHED, PROFITABLE
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Asking Price: |
$165,000
USD USA Dollars
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Business for Sale Industry: |
Services: Construction, Contractors
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Reason for Selling:
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Moving out of state |
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Year Established:
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2003 |
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# of Employees:
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1 Full Time / 1 Part Time |
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Yearly Revenues:
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$225,481 |
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Yearly Cash Flow:
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$56,423 |
Business for Sale Overview:
Established and Profitable Plumbing Service, with plenty of the work in several fields. The actual revenue breakdown is 10% drain/sewer, 45% repair and 45% in remodeling.
They do not have much residential new construction work by choice. The scope of work does include motel chains, property managers, insurance work and warranty work. 400 plus customers in the database. 90% of the new customers come from referrals by satisfied clients.
They are on several bid lists and are receiving new offers to bid almost everyday. The owner wants to move, but they have a licensed master plumber on the staff that would like to stay and will sign an employment contract.
The business operates out of a leased office/shop, but could be operated as a home-based business. They do not emergency work and are not on 24-hour call, great hours. As of August 12, 2008 they have an additional $45,650 in work on the books that is just now starting.
Long equipment list that included two fully equipped service/work vans and specialty sewer cleaning equipment. The seller will stay for a short period of time to assist a new owner in getting a quick start.
Solid, proven moneymaker!
Property Features and Assets:
1,200 square feet building.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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