MergerPlace

High Profit Residential Plumbing

Montana


  • Asking Price: $1,400,000
  • Gross Income: $1,339,429
  • Cash Flow: $665,457
  • Real Estate: Not Disclosed
  • Inventory: $15,000
  • FF&E: $189,476
  • Listing ID: #210666
  • Established: 2000
  • Employees: 7 FT / 1 PT

Business Description

Beginning operations in 2000, the Company specializes in residential plumbing service/repair along with remodels and new construction. The Company also provides service/repair and replacement along with new installations for hydronic systems. Mechanical piping for LP, natural gas and air systems are also performed. Some light commercial work is performed, but the focus is mostly residential. The Company has excellent customer reviews and a with a loyal and solid customer base.


Business Details

Primary Business Category: Contractors - Special Trade
Location: Montana

Company Information

Year Established: 2000
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 7 FT / 1 PT

Financial Information

Asking Price: $1,400,000
Gross Revenue: $1,339,429
Cash Flow: $665,457
FF&E: $189,476
Inventory: $15,000
Seller Financing Available: No

Property Information

Facilities:

The business is located in property owned by the Company and centrally located in town. The Company leases back the building. The property could be available to purchase or a favorable lease will be made available prior to Closing.

Growth & expansion opportunities:

The demand for the Company continues to grow. Although the Company does offer many modern services, the industry as a whole will continue to see additional growth in "green" plumbing, user friendly/wireless systems and water purity/filtration along with continued efficiencies in heating and water systems.

Competition:

Competitive marketplace but growing and quality shops are not as common. Industry demand continues to grow. According to First Research Reports the industry is expected to grow at a compounded rate of 6% from 2018 through 2022.

Reason for selling:

Pursue other interests.

Support & Training:

Will train for 2 weeks @ $0 cost. Knowledge of plumbing and heating systems. On staff Master Plumber or owner needs to be licensed. Strong sales and customer service.

Contact Business Seller

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Business Listed By:

Ken Bohenek

Murphy Business Brokers