Established a plumbing contractor division specializing in new residential construction in St. Lucie County. Third-party SBA lender pre-approved with only $277k down. They are a preferred plumbing subcontractor to some of the largest builders in the country. There is no downtime; jobs are constant and year-round, with a good pipeline of work in place. The company has grown organically over the years, with excellent margins. The growth potential is unbelievable, as the builders are wanting them to expand into Brevard and Indian River counties, where residential construction is expanding rapidly.
The staff consists of a project manager, shop manager, scheduler, and 4 construction crews. The estimated equipment value is approximately $229k and consists of 6 vans, 2 pickup trucks, 2 excavator backhoes, trailers, all the necessary equipment and tools, and $30,000 of inventory and supplies included in the price. $95k of working capital is included in the financing package. Please refer to listing agent Max Crescenzi when inquiring about this listing. Thank you!
