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Quality Plumbing Contractor With Management (17923) For Sale

Southern IN, Indiana, US
Asking Price:
$900,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,556,488
Cash Flow:
$292,464

For Sale

Established in an affluent area of Southern Indiana, the business offers specialized plumbing installations, construction, design bids for new or remodeling projects, plus repair and maintenance. Well known for their attention to detail and dependability, the experienced team of ten nonunion employees includes an involved owner and both office and project managers who can offer semi-absentee ownership involvement after a standard transitioning period.

This popular retirement town’s geographic market has minimal competition. With steady population increases, expansion opportunities exist with a stronger focus on new construction in the Residential Market.

The primary focuses are residential maintenance and repair, and new construction for commercial, medical, and office facilities surrounding the county. The company also accommodates large projects for repeat customers throughout the state. The commercial site is under a third-party lease; the property is a shop-based facility encompassing 3,000 square feet, with office space and warehousing.

With on-demand raw material sourcing for low inventory costs and seven included vehicles, this is a turn-key operation.

Revenues totaled $1,556,488 in 2023 next to Discretionary Earnings of $292,464 and Sale Projections are at $1.6 Million in 2024! Thanks to high ratings, strong recognition among clients, and years of ongoing reputation, verbal referrals from a large, repeat customer base back standard promotional efforts of the website and email adverts.

Professional Confidential Information Memorandum available, inquire today!

Property Information

Real Estate:

Lease

Premises Details:

Project management can offer a semi-absentee ownership!

Size in square feet:
3,000+/-

Business Operation

Reasons for selling:

Health reasons.

Trading hours:

Monday to Friday 7AM - 5PM & Saturdays as required.

Employees:
10 nonunion.
Years established:
1992

Other Information

Support & training:

Standard transitioning period.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Standard SBA-term financing will be negotiable for qualified buyers.

Furniture / Fixtures value:
$175,000 - included in the asking price
Inventory / Stock value:
$345,000 - included in the asking price