Multi-Generational Plumbing Business

Business Overview:

The business was originally established in 1947 in College Station. In 1985, the business expanded to Austin, where the third generation of the owner's family introduced the business. Over the years, the company has built a solid reputation, known for its dedication to quality service and integrity. The business primarily serves central Austin homeowners, catering to both kitchen and bath plumbing needs.

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Property Features and Assets:

The business operates from a centrally located facility in Austin, Texas. The premises include both a building and an adjacent parking lot, providing ample space for operations. The monthly rent for the facility is $4,500, with a 3% increase every year for three to four years, along with property taxes and insurance costs.

Market Competition and Expansion:

The business stands out in a competitive market due to its stellar reputation and long history in the Austin area. Unlike many competitors, the business does not actively advertise but relies on word-of-mouth recommendations.

The business has several growth opportunities, including expanding service areas beyond central Austin to reach new residential and commercial clients. Introducing maintenance contracts could provide a steady revenue stream, while adopting digital marketing strategies could attract new customers. Additionally, modernizing operations with software for scheduling and accounting could improve efficiency and scalability, positioning the business for further growth.

Reason for Selling:

Additional Details:

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