MergerPlace

Successful Plumbing/Utility Company

Iowa


  • Asking Price: $899,000
  • Gross Income: $2,119,112
  • Cash Flow: $449,360
  • Real Estate: $300,000
  • Inventory: $30,000
  • FF&E: $400,000
  • Listing ID: #213165
  • Established: 1986
  • Employees: 14 FT / 1 PT

Business Description

In operation for over three decades, this business provides plumbing and underground utility services. With approximately sixteen employees, the business has built a solid customer base and is well regarded in the industry.


Business Details

Primary Business Category: Construction - Building, Developing
Location: Iowa

Company Information

Year Established: 1986
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 14 FT / 1 PT

Financial Information

Asking Price: $899,000
Gross Revenue: $2,119,112
Cash Flow: $449,360
FF&E: $400,000
Inventory: $30,000
Real Estate: $300,000
Seller Financing Available: No

Property Information

Facilities:

The business is housed in a 3,000 square foot commercial building, centrally located. The real estate is suitable for the business and can handle added growth. Sellers own the real estate, and it is offered for sale or lease.

Growth & expansion opportunities:

The business added an underground utility division seven years ago that continues to grow. In conjunction with a successful plumbing division, the business has excellent growth potential going forward.

Competition:

As is the nature in this industry, competition does exist. However, this business has been in operation for over three decades and has built an excellent customer and client base, and a solid reputation across the region.

Reason for selling:

Seller is looking to retire.

Support & Training:

Will train for 6 weeks @ $0 cost.

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

Rey Gonzales

Murphy Business Brokers