Reason for Sale: Leaving the Industry- Highly Profitable Residential Plumber for Sale. Established since 2002 servicing high-rise condos on the beach. Services include shower, toilets repairs for condo owners & pump rooms, cast iron repairs for the buildings. 50% residential repairs/ 50% remodeling. 1 Full Time & 2 PT plumbers on staff. Great Books & Records (3 yrs. of tax returns on file). 3-2021 Nissan Vans Included in the sale. 2023 Sales $1 million + with an Owner Benefit of $400k. Relocatable. Great add on opportunity for another plumbing company. Easy to grow as the seller has no website & does no advertising. All sales are done by word of mouth.
- Asking Price:
- $800,000 Inventory / Stock included
- Sales Revenue:
- $1,091,262
- Cash Flow:
- $403,775
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
1600 square feet
expires 9/30/24
Commercial space
- Leasehold Rent:
-
$3,302 per annum
Business Operation
- Expansion Potential:
-
Great add on opportunity for another plumbing company. Easy to grow as the seller has no website & does no advertising. All sales are done by word of mouth.
- Reasons for selling:
-
Leaving Industry
- Employees:
- 3
- Years established:
- 21
Other Information
- Support & training:
-
4 weeks no cost
- Financing available:
-
Loan Amt: $720,000 Mos:120 Rate:11.25
- Furniture / Fixtures value:
- $100,000
- Inventory / Stock value:
- $1,000 - included in the asking price
- Relocatable:
- This business can be relocated.
