Hot Listing

Plumbing Contractor / B2B / Greater Phoenix Arizona Area

Asking Price$15,500,000

Cash Flow
Not Disclosed

EBITDA$2,900,000

Gross Revenue$10,500,000

InventoryNot Disclosed

FF&E$600,000
Included in asking price
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Hot Listing

Plumbing Contractor / B2B / Greater Phoenix Arizona Area


Asking Price$15,500,000

Cash Flow
Not Disclosed

EBITDA$2,900,000

Gross Revenue$10,500,000

InventoryNot Disclosed

FF&E$600,000
Included in asking price
Business Description
This is one of the greater Phoenix area’s premier B2B plumbing contractors. The business is focused on new construction which represents approximately 90%+ of top line revenue. Most of their clients are medium to large general contractors who are both well-established nationally and/or regionally, well known and many are considered “repeat” clients. Current and prior project types include grocery stores, assisted living facilities, restaurants, automotive, carwashes, schools, medical / dental facilities, hospitals, retail of all types and distribution / warehouse facilities. With their “dual” commercial / residential CR37 plumbing license they can perform installation and repair of all things plumbing including higher margin medical gas plumbing and testing. Although there are dozens of locations within the state where there is significant work, a vast majority of their projects are in the Phoenix metro area with some projects in the Tucson metro area. The company is frequently invited to perform out of state and international work for a select number of their general contractor clients…they have thus far resisted this, but it remains a growth opportunity.
About the Business
Years in Operation
15
Facilities & Assets
Real Property is owned by an affiliate LLC and located in the east valley of the greater Phoenix metro area. Described as a small office building of 1,220 square feet on a flat, improved lot of 7,800 square feet. Zoned Commercial / Other RP refers to property zoning designation that allows for a mix of commercial,
residential, and professional office uses on a single property. A fenced, adjacent vacant lot owned by an unrelated third party is leased on a month-to-month basis @ $500/month and used for vehicle and equipment storage as needed. The current
Market Outlook / Competition
There are several similar C?37 plumbing companies in the valley. Most plumbing companies in the state have less than 20 employees. Larger projects require the mid?size or larger companies to perform their work. The company competes with the service they provide; however, pricing is also competitive. Part of that service is “customer service” and it is a lost art. One aspect of customer service is responsiveness. Being responsive is essential to establishing and maintaining business relationships.
Opportunities for Growth
Company has 14 years of customers that are untapped for service work; 5M people now call the Phoenix metro area home; Increase monthly estimating goals; Expand service area. Company is a distributor for a major Med Gas Equipment Suppler. Add another FT estimator.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,220
Rent
Not Disclosed
Lease Expiration
1/1/2030
About the Sale
Seller Motivation
Retirement and other family obligations
Transition Support
Sellers recognize that both customers and staff must be transferred to buyer thoughtfully and at the proper pace for all concerned. Seller is flexible regarding the familiarization period to provide thorough training of buyer and for a smooth execution of the mutually agreed transition plan. Sellers remain flexible to terms and conditions.
Listing Info
ID
2407348
Listing Views
224

Contact Seller

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Business Listed by: David Long Arizona Business Sales Advisors

Listing ID: 2407348 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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