Cash flowing plumbing company for sale

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Sarasota based service and new construction plumbing company for sale
Asking Price:
$135,000

Gross Revenue:
$207,500
Cash Flow:
$73,500
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed
included in asking price

FF&E:
$35,000
included in asking price

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Business Description

Current company is the result of the owner's 39 years of plumbing experience. Initial "company" was founded in 1991 as a sole proprietorship, and incorporated in 2003. Consistent gross income in excess of $200,000 per year. Daily, constant calls for service requests, as well as multiple general contractors who schedule for new construction, as well as remodel.

The sky is the limit, company is waiting for a new master plumber and owner to pick up the reins, and continue the vision and scope the current owner has laid out.

About the Business

Year Established:
2003
Number of Employees:
2
Home Based:
Yes
Real Estate:
Leased
Facilities:
Company is currently based in owner's home (home is listed for sale).
Entity assets (financials will not transfer without entity purchase) include a 2005 Sprinter 3500, IHI mini Excavator, and Heavy Equipment trailer.
Market Outlook/
Competition:
Company is heavily invested in goodwill - owner has been an owner/operator in Sarasota since 1991.
Some repeat customers have used the company for over 20 years. Company has an established reputation both in occupied service, and new construction.
Growth & Expansion:
Company is currently being run by a husband and wife team with the owner in the truck, and his wife in the office. There is currently more business than the owner can handle by himself. The opportunity is there for a new owner to hire additional plumbers to service the multiple accounts (both service and new construction). If a fleet were to be developed, a new owner could easily achieve a mid six figure income based off of the foundation established by the current owner.
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About the Sale

Reason For Selling:
Owner is looking to retire, and relocate out of state.
Training/Support:
Seller will provide two weeks of unpaid training at full asking price. Other training to be negotiated.
Seller Financing:
Cash price, or bring your financing. No seller financing offered.

Listing Info

ID:
1378500
Ad Detail Views:
223

Attached Files Attachment Disclaimer

  Redacted IRS Form 1120S (3 MB)
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Business Listed by
Ann Pekarek

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U.S. Census Data for Manatee and Sarasota Counties, FL
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Source: Decennial Census (2010), United States Census Bureau.

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U.S. Community Survey Data for Manatee and Sarasota Counties, FL
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Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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