Highly Profitable-39% Cash Flow-Plumbing & Heating Co.
Business Description
This is the perfect opportunity for a master plumber eager to be their own boss. The plumbing and heating company offers an array of services from plumbing and repairs to HVAC, pump installation and repair, sewer system installation and repair, and more. The majority of their work comes from fixing plumbing problems.
They have a deep history in the community with thousands of loyal customers. Residential customers account for 95% of the business. Building the commercial side of the business is one way to grow the business.
The business is ripe for growth. They have a large and loyal customer base across 3 states: MN, SD, IA. Expanding deeper into each state with a website and online marketing would be a great growth strategy.
The Company is booming with $1,223,853 in revenue and $476,131 in Sellers’ Discretionary Earnings (SDE), resulting in a 39% Cash Flow Margin, in 2024.
The Sellers are slowing the business as they prepare to retire. A Buyer can quickly meet and exceed the current revenue with a targeting marketing plan and hiring plumbers and office staff.
2023 Review: Best guys ever! After fixing the issue, they explained what they did and why it happened. Reasonably priced.
The Company occupies a 5,200 sq. ft. office with a partial second story for storage. The sale includes the $600,000 real estate.
They have a deep history in the community with thousands of loyal customers. Residential customers account for 95% of the business. Building the commercial side of the business is one way to grow the business.
The business is ripe for growth. They have a large and loyal customer base across 3 states: MN, SD, IA. Expanding deeper into each state with a website and online marketing would be a great growth strategy.
The Company is booming with $1,223,853 in revenue and $476,131 in Sellers’ Discretionary Earnings (SDE), resulting in a 39% Cash Flow Margin, in 2024.
The Sellers are slowing the business as they prepare to retire. A Buyer can quickly meet and exceed the current revenue with a targeting marketing plan and hiring plumbers and office staff.
2023 Review: Best guys ever! After fixing the issue, they explained what they did and why it happened. Reasonably priced.
The Company occupies a 5,200 sq. ft. office with a partial second story for storage. The sale includes the $600,000 real estate.
About the Business
- Years in Operation
- 62
- Number of Employees
- 4
- Facilities & Assets
- Free standing 5,200 square foot building. Included is loft storage and outside starage area.
- Market Outlook / Competition
- The Company is a big success because it’s professional, provides great service, and treats customers well.
- Opportunities for Growth
- There’s tremendous room for growth:
- Build a website
- Hire plumber(s) and office staff
- Add an electrical component to the business
- Build relationships with commercial contractors
- Expand the geographic territory
Real Estate
- Owned or Leased
- Owned
- Not included in asking price
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- Buyer shall have industry experience and be prepared to step in to operate with limited training needed.
Listing Info
- ID
- 2320694
- Listing Views
- 5961
Listing ID: 2320694 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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