This is your opportunity to acquire a well-established and very profitable plumbing business that is priced below the fair market value. There are contracts in place and there is lots of upside potential to grow or expand. The Seller has had a health related issue that has caused him to transition to a different career.
Established in 2007, this reputable plumbing business serves the Colorado Springs area from Castle Rock and Larkspur down to Fountain and Security and everywhere in between. This plumbing company provides exclusively service and repair work. The company’s portfolio of customers is a good mix and is comprised of approximately 50% Commercial and 50% Residential. In addition, there are contracts in place with both commercial contractors and residential real estate and property management companies.
This plumbing business prides itself on being a one-stop shop for service and repair of water heaters, sprinkler systems, garbage disposals, toilets, water leaks and more. The company boasts an A rating with the Better Business Bureau and is known for its honesty, integrity and outstanding customer service.
Because of a health issue, this business has been operated between 20 and 30 hours per week from 2013 to present. The first quarter of 2014 is on track to continue to perform at least as well as 2013. There is excellent potential for the new owner to increase income by increasing their hours of operation and/or hiring an additional person.
The sale of the business includes all furniture, fixtures and equipment that has a used-replacement value of $8,000.00. Notably included is a 2008 Chevy Express Van with a new transmission and tires. There is a supply of plumbing parts inventory of $2,000.00 (at landed cost) that is also included in the purchase price. This business can be located anywhere in the Colorado Springs corridor area. There is excellent marketing and web presence in place for this business.
This opportunity would be excellent for a Master Plumber or another plumbing company looking to take advantage of the contracts in place and current reputation of the business. In addition, this would be a great opportunity for a Journeyman Plumber who is in the process of obtaining their Master Plumbing License.
Don’t delay and capitalize on this below market value Colorado Springs based plumbing business opportunity today!
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