Business Description
Rarely does a business with over 50 years of community trust become available in such a high-growth market. Established in 1971 and under current ownership for the past 35 years, this Northern California powerhouse is a staple for commercial, residential, and industrial service in Redding. This is a high-asset acquisition—the purchase price includes not only a thriving 24/7 service operation but also a massive $1.6 million real estate portfolio and over $1.1 million in equipment. This is a rock-solid foundation for an investor or a plumbing professional ready to dominate the regional market.
Business Overview:
This is a truly diversified service platform. The business provides everything from standard plumbing and water heater repair to specialized services like hydro-jetting, lift stations, and septic pumping. Additionally, the company manages a profitable portable toilet and sink rental division. Operating out of three sprawling facilities totaling over 27,000 square feet, the company utilizes a mix of traditional name recognition and modern digital marketing to maintain a constant lead flow.
Key Strengths:
- Massive Asset Value: The asking price includes $1.1M in FF&E and $1.6M in prime real estate.
- Legacy Reputation: Unrivaled brand equity built over five decades, resulting in a high volume of repeat business and "name-brand" organic leads.
- 24/7 Diversified Revenue: Multiple income streams from plumbing, septic, and portable sanitation rentals.
- Strategic Facilities: Three separate buildings, including frontage on a State Highway and space in a future commercial park.
- Turnkey Transition: Fully equipped with all tools and inventory required to continue 7-day-a-week operations without interruption.
Financial Highlights:
- Asking Price: $3,160,000
- Gross Revenue: $1,200,000
- Real Estate Value: $1,600,000 (Included)
- FF&E Value: $1,100,000 (Included)
- Inventory: $13,000 (Included)
Market Position:
In the Redding area, this business is synonymous with reliability. While population growth in Northern California is driving record demand, the current owners have reached retirement age and are regularly turning away business. This creates a unique "bottleneck" opportunity: a new owner can immediately increase revenue simply by capturing the work the current team is physically unable to take on.
Detailed Information:
- Established: 1971
- Real Estate: Owned (3 Buildings: 7,000 sq ft, 2,400 sq ft, and 18,000 sq ft)
- License Requirement: A C-36 plumbing license is required to operate.
- Support & Training: The seller is committed to a smooth hand-off and will provide training and transition assistance.
- Reason for Selling: Retirement.
