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Asking Price$1,700,000
Revenue$2,022,067 Established1982
Cash Flow$635,093 Employees8 full, 2 part
FF&E$143,940* FranchiseNo
Inventory$50,000* RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
This non-union plumbing business specializes in new construction work in the south metro. The seller has owned the business for over 15 years. He is still interested in doing the estimating and sales work but needs someone to take over the management due to all the time that is required to wear all the hats. His wife also works in the business as the office manager and will need to be replaced after the sale. An ideal buyer would be someone with business management experience and or a company in the trades looking to expand. Sales have been steady at 2 million plus in each of the last 3 years with cash flow over 600k per year. They have numerous well trained plumbers in place and more business could be had by hiring a couple more plumbers. The company comes with all the vehicles, inventory and equipment needed to move forward. The seller is operating out of 5000 square feet of leased space. There are also huge growth opportunities for someone who has the experience to grow a business. The new buyer should have interest in being a hands on operations manager. Seller financing is available for a new buyer with 350k down or SBA financing is available if you have the transferrable skills. The seller will assist the buyer with transitioning and any required training. Please contact Matt Schroder at 651-288-1629 for more details.
Sale Reason:Retirement
Ad #87193
Seller Reference #MINNEMN001-N1679
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Matt Schroder
(651) 484-2677
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