MergerPlace

Well Established and Profitable Plumbing

Oklahoma (Cleveland)


  • Asking Price: $315,000
  • Gross Income: $838,473
  • Cash Flow: $49,967
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $236,130
  • Listing ID: #208048
  • Established: 1991
  • Employees: 8 FT

Business Description

This locally owned plumbing company is well respected in the OKC and surrounding areas. Through the guidance and leadership of the founder the company has continued to grow and increase its profits to their current levels. They handle residential plumbing, remodeling, replacement or repair jobs. This is a perfect company for an add-on to an existing plumbing company or somebody looking to get in to business on their own. This is a solid, profitable commercial plumbing Company for sale in Cleveland County. The Company has grown to almost $1 million in sales servicing primarily residential customers. The Seller will work closely with a strong buyer to provide training and continuity. The Seller holds multiple master plumbing licenses in Oklahoma and is willing to keep them in good standing as long as may be necessary.


Business Details

Primary Business Category: Construction - Building, Developing
Location: Oklahoma
County: Cleveland

Company Information

Year Established: 1991
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 8 FT

Financial Information

Asking Price: $315,000
Gross Revenue: $838,473
Cash Flow: $49,967
FF&E: $236,130
Seller Financing Available: No

Property Information

Facilities:

The Real Estate is owned by the Seller and is available for lease. This is a street front building stand alone brick building with excellent signage and plenty of room. The Seller owns the building and will lease it back to the Buyer at fair market value.

Growth & expansion opportunities:

The business has plenty of expansion and growth opportunities. The current split between is a 60/40 split right now (residential/commercial) so either direction is strength for the Company.

Competition:

The businesses competitors range the gamut from one man bands that do plumbing to large well known competitors that advertise regionally. The Seller's company has sophisticated equipment and the expertise by the staff to complete large engagements that can run into six figures.

Reason for selling:

The owner has other business interests. The owner is committed to a transition period that works for all parties to ensure a smooth transition and retention of clients. The owner is prepared to keep his license in the business until a new owner has the appropriate certification from the state.

Support & Training:

Will train for 2 weeks @ no cost A Plumbing license is required.

Contact Business Seller

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Business Listed By:

Geary Welch

Murphy Business Brokers