Hot Listing

Profitable $1M+ Underground Irrigation Union Shop

Asking Price$625,000

Cash Flow
$202,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,380,000

Inventory$40,000
Included in asking price
FF&E$50,000
Included in asking price
Real EstateNot Disclosed

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Hot Listing

Profitable $1M+ Underground Irrigation Union Shop


Asking Price$625,000

Cash Flow
$202,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,380,000

Inventory$40,000
Included in asking price
FF&E$50,000
Included in asking price
Real EstateNot Disclosed

Business Description
100 years of history in this business! Extremely solid accounts in the suburbs a
Calling all Union Plumbers in the Chicago area seeking to enhance their footprint in the irrigation space! This consistently profitable underground irrigation company has served the Northern Illinois market for more than 100 years!, Specializing in commercial systems for businesses, this business boasts a robust client base, consistent revenue growth and a sterling reputation. Owner is willing to stay on to train and transition business to the next owner. Seize the opportunity to own a well-established and highly reputable irrigation business with a strong foothold in the market. Key Features include: established clientele, comprehensive services, experienced team, prime Location (easy on and off highway) and modern equipment and vehicles. Assets Included: Vehicles, machinery, tools, and inventory. Expansion opportunities exist with additional service areas, adding new services such as water management consulting, and targeting large-scale commercial contracts. Owner is seeking to retire and is motivated to find the right buyer who can continue the legacy and drive the business forward. Call us today to learn more! PLEASE NOTE: A PLUMBER'S LICENSE IS NEEDED TO RUN THIS BUSINESS! There are specific ways to keep the current plumbing license on file, but the strategic buyer for this business has access to a licensed plumber who will join the team after purchase.
About the Business
Years in Operation
100
Employees
13
Facilities & Assets
Facilities: Two free standing buildings right off of a high way.

FF&E Overview: Trucks, tools computers, large plotting machine for blueprints.

FF&E General Condition: Good!
Market Outlook / Competition
The longevity of this company provides a strong foothold in the marketplace even with large commercial accounts in many Chicagoland areas including high rises! There are only four major competitors that are competing in their specific client base segments.
Opportunities for Growth
Expansion opportunities exist with additional service areas, adding new services such as water management consulting, and targeting large-scale commercial contracts. With the 85% commercial and 15% residential split, there is certainly more room for residential services.
About the Sale
Seller Motivation
Retiring
Transition Support
Training Support Included
Listing Info
ID
2226354
Listing Views
3794

Contact Seller

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Business Listed by: Theresa Kenaga Transworld Business Advisors of La Grange

Listing ID: 2226354 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.


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