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Plumbing/Mechanical Contractors For Sale

Not Disclosed, New Jersey, US
Asking Price:
$5,700,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$8,495,352
Cash Flow:
$2,006,466

Highly respected commercial plumbing contractors in business since 1993. Company specializes in sizeable projects of 80,000 sf and larger.

They employ Union Hall plumbers and have a loyal following typically guiding 5 primary foremen as well as 10-15 repeat specialists.

Property Information

Real Estate:

Lease

Premises Details:

Main office is a condo in a professional park, also for sale. Condo includes storage for plumbing parts and tools.

Business Operation

Expansion Potential:

The Commercial Plumbing market has rebounded from the lows of Covid-19 Pandemic. The value of Commercial construction is expected to increase at a steady rate due to reduced unemployment and complete economic recovery. Plumbing industry revenue is expected to expand at a CAGR of 1.6% to $137 billion over the next 5 years.

Competition / Market:

Based in Central New Jersey, this is a mature market full of established competitors. That said, this company has enjoyed a loyal client base who seek out this contractor for the quality of work and attention to detail provided as well as a 2 year warranty on all projects.

Reasons for selling:

Owners retiring after starting and growing company for past 37 years.

Trading hours:

Monday-Friday 8am-5pm

Employees:
3 FT/20 PT
Years established:
31

Other Information

Support & training:

Will train for 4 weeks @ $0 cost.

Furniture / Fixtures value:
$1,404,972 - included in the asking price
Inventory / Stock value:
$270,000 - included in the asking price
Relocatable:
This business can be relocated.