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Profitable Plumbing Business With Great Reputation! For Sale

Washington County, Oregon, US
Asking Price:
$4,400,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$5,996,265
Cash Flow:
$1,764,435

The Company is a full-service commercial and residential plumbing contractor that offers design/build, design/assist, consulting, and project management services for new construction, while also offering remodeling and service calls for both commercial and residential customers.

Eighty percent of plumbing services are commercial, which is the primary target market, catering to new commercial construction, remodeling of buildings and service work. The secondary target market is remodeling work (10%) and service work (10%) for residential customers. The Company has achieved organic and strategic growth starting as a small regional plumbing contractor focused on residential and light commercial into a mid-size full-service plumbing contractor serving both residential and commercial customers. The Company has a strong base of loyal customers that have been served for many years. Approximately 75% of revenue comes from new construction and 25% from repairs.

Property Information

Real Estate:

Lease

Premises Details:

The Company is conveniently-located with 1,500 square feet of office space, two storage buildings and multiple connex containers for material and equipment storage.

Business Operation

Expansion Potential:

With a well-established, excellent reputation and no cyclical or seasonal factors, the Company has a large opportunity for year-round continued growth.

Competition / Market:

90% of the Company's services are provided in the large metro area where there are a plethora of plumbing firms. However, few if any, measure up to the standards provided by the Company, which is evident by the continuous referrals, very little advertising, and the Company's backlog projects.

Reasons for selling:

Owners are retiring.

Trading hours:

Monday-Friday 6am-5pm

Employees:
28 FT
Years established:
46

Other Information

Support & training:

Will train for 12 weeks @ $0 cost.

Financing available:

Lender pre-screened with $440K down.

Furniture / Fixtures value:
$534,725 - included in the asking price
Inventory / Stock value:
$267,111 - included in the asking price
Relocatable:
This business can be relocated.