Well Established, Regional Plumbing Expert

Asking Price$525,000

Cash Flow
$303,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,217,000

Inventory$55,000
Not included in asking price
FF&E$20,000
Included in asking price
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Well Established, Regional Plumbing Expert


Asking Price$525,000

Cash Flow
$303,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,217,000

Inventory$55,000
Not included in asking price
FF&E$20,000
Included in asking price
Business Description
Firm hired by commercial and residential clients in the Pacific Northwest The company was established in the early 1990s.
Company specializes in commercial plumbing for general contractors building warehouses, restaurants, hospitals, schools and tenant improvements as well as some residential projects. Clients range from general contractors to residential projects. 50-60% of monthly sales tend to be from repeat general contractors.

Facility is 1,800 sq.ft. and includes 3 office spaces, staff facilities, store room, warehouse, and service bay. The seller leases the real estate and it can be moved.

The ideal purchase candidate would be a company or person currently in the industry space or have the desire and capacity to enter it. Preferably, the candidate would have experience in operating a firm of comparable size, knowledge of the plumbing industry vertical, and someone that places a high value on reputation, quality of work, and integrity. Alternatively, a buyer could be an existing business owner in the industry looking to diversify or expand.

Staff is five, full time employees (including the owner). Hours of operation are currently Monday through Friday and closed on Saturday & Sunday. Additionally, a buyer will need to be able to acquire all licensing to support plumbing projects in the company's market. Seller currently works part time estimating projects, getting bids, helping with scheduling, ordering materials and plumbing fixtures.

The seller is willing to support new ownership on a negotiable basis for a successful transition and operational training.
About the Business
Years in Operation
35
Employees
5
Currently Relocatable
Yes
Market Outlook / Competition
The plumbing industry is always in demand.
Opportunities for Growth
A buyer with the skills, experience and network necessary to recruit and hire skilled journeymen and apprentices would be a valuable asset. The company could benefit from that expertise to expand its capacity and take on more projects that they would currently have to turn down.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,800
Rent
Not Disclosed
About the Sale
Seller Motivation
Retirement
Transition Support
The seller is willing to support new ownership on a negotiable basis for a successful transition and operational training.
Listing Info
ID
2140098
Listing Views
1111

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Business Listed by: Brock Brady Freeman Lundt

Listing ID: 2140098 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.