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Dfw Commercial Plumbing Low Multiple Due To Health For Sale

Dallas, Texas, US
Asking Price:
$1,250,000
Sales Revenue:
$2,583,114
Cash Flow:
$408,448

This commercial plumbing company has a specialty in Gas Stations, Convenience Stores, Farm Stores and Restaurants. They serve only Commercial GCs, not direct to client. They have a team of 13 Plumbers and 2 in Admin/Bookkeeping. Included in the purchase is their equipment, vehicles and $170,000 in Working Capital. Unfortunately, due to suffering multiple strokes, the owner after 20+ years in business is selling. Even with the illness of the owner the company saw their highest revenue ever of over $2.5 million with $408,000 in Cash Flow. The great news is that there is a very capable General Manager who oversees all day-to-day operations.

Priced at $1,250,000, this business purchase comes with an excellent foundation to build on, low overhead costs, a well-streamlined operation, an industry leading staff, and on-going room for growth. In order to reduce overhead costs, the business does not operate out of a central office or storage space. The office employees work from home and the plumbing employees work at the client locations. This business has significant room for growth including developing a marketing and advertising plan, expanding on the existing niche services that are currently offered almost as add on services, or using their existing foundation of excellent client relations to take advantage of recent developments in the Dallas area by expanding their current bids into municipal work or picking up a few residential customers.

Property Information

Location:

Location: Dallas, Texas with a service area primarily in Dallas and Fort Worth with a radius up to a 1–2-hours.

Business Operation

Reasons for selling:

Owner has suffered 5 strokes over the last year.

Employees:
16
Years established:
2000

Other Information

Support & training:

Seller Training Period: 1 year Depending on Health

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

10% Buyer Down Payment $125,000
20% Seller Financing with 2 year standby $250,000
10% Seller Note: No Standby $125,000
60% Bank Loan $750,000

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