Profitable Plumbing Supply Business

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Asking Price:
$299,000

Gross Revenue:
$825,000
Cash Flow:
$80,000
EBITDA:
$30,000
Inventory:
$1,000,000
not included in asking price

FF&E:
$5,000
included in asking price

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Business Description

This is a great business for someone looking for low entry level training but wants to make a good living. It has consistently produced "take home" for the owner of close to $100K. There is a Huge upside for someone that can establish internet sales, get an in-house plumber for the installs, and work more closely with general contractors in the area. The inventory that will generate money for the business is excellent and is beyond what is needed to maintain sales. It is often bought at very low pricing and later sold for large profit. This is a side deal to the business sale. Motivated seller will consider all reasonable offers for a win win deal. Here is an entrepreneur's dream!!! Don't wait!

About the Business

Location:
Cook County, Illinois
Year Established:
1986
Number of Employees:
5
Franchise:
Yes
Real Estate:
Leased
Building Sq. Ft.:
4,500
Rent:
$5,250.00 Per Month
Facilities:
This is an inventory business. And as such there are tremendous amounts of materials that are in the back of the store. Everything has a value and will sell over time. It is difficult to place an exact value on this inventory but were are flexible. There is significant excess inventory that is an added benefit to the buyer!!!
Market Outlook/
Competition:
This is the only plumbing suppy, outside of the large national chains, in this area of the Chicago Suburbs. They have excellent customer service and a great inventory for the hard to get parts. They have an excellent name and have been in this area for 30+ years. Once internet sales are added there is a huge upside. Also available is the use of an in-house plumber for the installs for customers that request this. This can easily unlock several hundred thousands each year.
Growth & Expansion:
The internet sales for plumbing supply is just starting to be a major factor. This business has never started this so there is actually a very large upside to the future.
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About the Sale

Reason For Selling:
Retirement
Training/Support:
Seller will provide. Experienced staff will maintain sales
Seller Financing:
Possible / Negotiable

Listing Info

ID:
1308765
Ad Detail Views:
1017

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Business Listed by

Robert Uhland

Chicagoland Business Broker
License# IL 3100001242

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