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Commercial Plumbing Contractor For Sale

Florida, US
Asking Price:
$1,200,000
Sales Revenue:
$1,800,000
Cash Flow:
$450,000

Steeped in history and recognized for its 50 year legacy, this prominent plumbing contractor is now available for acquisition. Positioned in the heart of the southeastern United States, the profitable business has carved an impressive niche for itself in the commercial sector, amassing a vast clientele that includes corporate behemoths like AT&T, the United States Postal Service, renowned local hospitals, and towering high-rise complexes. Their track record for consistent business speaks volumes and is a testament to the trust they have garnered over the years.

Operating at an admirable 95% capacity on an annual average, the company's revenue trends over the past decade illustrate not just stability, but a solid foundation to build on to achieve further growth. This reliability is further bolstered by an operational model that has been fine-tuned for remote management. With self-reliant technicians and operations that primarily function online and over the phone, a new owner can enjoy the flexibility of managing the business from afar, without compromising on efficiency.

Acquired in the 1990s, but originally established in the 1970s, this business has earned a reputation for reliability and excellence in the Florida commercial plumbing sector. Their high level of credentials, including commercial licensing and insurance with the state of Florida, provide an assurance of their commitment to quality. This sterling reputation in the area is anchored by an expansive customer base, and the current owner is confident that preserving the company's esteemed name will be a linchpin for continued success.

As the current owner approaches retirement, this offers an unparalleled opportunity for a visionary buyer to inherit not just a business, but a legacy and an extensive, trusting customer base.

For more information, including a video Q&A with the owner, financials, SWOT analysis and more, please visit the goexio site, locate the listing, and sign an electronic NDA to unlock the private details.

Property Information

Real Estate:

Lease

Premises Details:

state-of-the-art facility that was built about a year and a half ago. This modern workspace is situated within a rented premise that spans 2,000 square feet, split between a warehouse and office space. In addition to this, there is an extra 2,700 square feet of storage provided by a loft. The office portion occupies 500 square feet, offering ample space for the company's operations.

Business Operation

Expansion Potential:

The business could be expanded with the addition of new technicians, expanding geographic reach beyond 4 counties, and implementing a marketing/advertising program.

Reasons for selling:

Owner is retiring.

Employees:
7
Years established:
49

Other Information

Support & training:

Owner is willing to stay post acquisition, as needed by a buyer.