Hot Listing

Well Established Residential and Commercial Plumber

Asking Price$2,200,000

Cash Flow
$560,945
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,560,052

Inventory$71,000
Not included in asking price
FF&E$100,000
Included in asking price
Real EstateNot Disclosed

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Hot Listing

Well Established Residential and Commercial Plumber


Asking Price$2,200,000

Cash Flow
$560,945
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,560,052

Inventory$71,000
Not included in asking price
FF&E$100,000
Included in asking price
Real EstateNot Disclosed

Business Description
Established in 1951, this mid-Michigan plumbing company provides a balanced mix of residential and commercial services, with approximately 70% of revenue from residential service and repair work and 30% from commercial boiler projects. The business has operated for decades with an exceptional reputation for quality, honesty, and responsiveness. The business has a long, stable history and has successfully transitioned through multiple ownerships — currently with its fourth owner.

All growth has come organically through word-of-mouth and repeat customers—there has been no marketing or advertising. A buyer could easily accelerate expansion through online presence, targeted marketing, or service contracts.

The company is staffed with an experienced and loyal team capable of running day-to-day operations. Of the two current owners, one plans to exit after transition but will assist in training and handoff; the other is willing to remain as a key employee post-sale. The company holds the required boiler licensing, which will remain in place for at least one year following closing, allowing ample time for the buyer to obtain or designate new credentials. The SDE fluctuates due to large boiler jobs

Highlights
• Established in 1951 — over 70 years of trusted service in the Lansing area
• $1.5MM revenue and $560K SDE — strong margins and consistent cash flow
• 70% residential service work; 30% commercial boiler projects
• No marketing — all business from referrals and repeat customers
• One owner will stay on as an employee to ensure continuity
• Boiler license available to stay with company for at least one-year post-sale
• Loyal customer base and well-trained field team

Growth Opportunities
• Introduce basic online marketing and digital presence
• Add maintenance contracts and commercial service programs
• Hire additional technicians to meet strong customer demand
• Explore geographic expansion within the Lansing and mid-Michigan markets

The exiting owner will provide full training and support for a smooth transition. The remaining owner and key employees are committed to the company’s success and can provide operational continuity for the buyer.

Reason for Sale: One of the two owners is ready to pursue other business interests, while the other is committed to staying on as an employee to ensure a seamless transition and continued operational stability.

This business is ideal for an established plumbing or HVAC contractor seeking a profitable regional addition, or for an individual buyer looking for a turnkey, high-margin service business with minimal competition and significant growth potential.
About the Business
Years in Operation
74
About the Sale
Seller Motivation
Other Opportunities
Listing Info
ID
2435765
Listing Views
32

Contact Seller

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Business Listed by: David Davis SureBridge

Listing ID: 2435765 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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