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Asking Price$524,995
Revenue$713,539 Established1989
Cash Flow$265,416 Employees3 full-time
FF&E$7,000* FranchiseNo
Inventory$5,000 RelocatableYes
Real EstateUndisclosed Home-basedYes
* Included in Asking Price
Great opportunity to buy an established commercial plumbing company! The business has been established for over 20 years with excellent year over year growth and shows no signs of slowing down. Perfect for a licensed plumber that's looking to branch out...be your own boss and control your own destiny! The current owner has built a great reputation where all business comes from established relationships with Property Managers and General Contractors, repeat customers and referrals. The business specializes in new commercial construction plumbing for various types of business including dental and medical offices, restaurants, office suites, day care centers and public schools, as well as remodels. The typical project cost is $30k or more, with several projects a year upwards of $70k plus. The potential for growth is huge for a new, younger owner that can establish new relationships in the market and even expand into the residential sector. The business has an experienced crew that provides superb quality workmanship at very competitive and affordable prices and always delivers above and beyond what their clients expect. The owner is looking to retire and turn their business over to someone that will continue to provide for their clients and grow the company, is it you?
Facilities:This is a home based business that can be operated from anywhere in the DC Metro Area. The current owner’s home has a 2 car garage where they store supplies & materials, so a new owner will need about the same size space in their home or rent a storage unit.
Competition:There is standard competition in the local marketplace, but the business sets itself apart from the competition as it delivers high quality workmanship at very reasonable prices.
Growth Potential:The business does not currently advertise and all work is won from established relationships with General Contractors, word of mouth, and repeat clients. If a new owner wanted to grow the business they should implement a marketing and advertising program as well as hire a business development manager. Currently the company only does commercial work; a new owner could easily expand into the residential market.
Training/Support:Seller will provide reasonable transitional training & support.
Seller Financing:Available depending on the final purchase price, terms and qualifications of the buyer.
Sale Reason:Owner is retiring.
Ad #80727
Seller Reference #HZ248DZ
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Horizon Business Brokers, LLC
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