MergerPlace

Plumbing Contractor Ready for Growth

Florida (Duval)


  • Asking Price: $1,699,000
  • Gross Income: $7,540,950
  • Cash Flow: $544,591
  • Real Estate: Not Disclosed
  • Inventory: $20,000
  • FF&E: $150,000
  • Listing ID: #225761
  • Established: 2004
  • Employees: 32

Business Description

Well run and growing! 95% residential new construction with plenty of opportunities to expand into the service and commercial markets. Already billed approximately $1.7 million in the first six weeks of 2021 with numerous projects in process. Experienced management staff in place including four managers. An extensive network of reliable subcontractors in place as well. The seller will stay on to assist with the transition, as needed. An adjustment made to account for the fair market rent rate. SBA pre-qualified. A strong track record of sustained growth makes this a solid investment for an owner/operator or an existing plumbing company looking for immediate growth. Please refer to listing 7101-179416 and advisor Bianca Evans when inquiring on this listing.


Business Details

Primary Business Category: Contractors - Special Trade
Location: Florida
County: Duval

Company Information

Year Established: 2004
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 32

Financial Information

Asking Price: $1,699,000
Gross Revenue: $7,540,950
Cash Flow: $544,591
FF&E: $150,000
Inventory: $20,000
Seller Financing Available: No

Property Information

Facilities:

Lease/Month: 3180 Square Footage: 4500 Building Type: Industrial Terms & Options: negotiable Expiration Date: 12/31/2026

Reason for selling:

Other

Support & Training:

Loan/Other - Amt: 1,359,200 Mos: 120 Rate: 6.00 Mo Pmt: 15,089.91 Seller will train for 4 weeks at no cost

Contact Business Seller

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Business Listed By:

Bianca Evans

Transworld Business Brokers