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Listed by:

Drake Business Services

Semi-absentee Plumbing Company In Southeast Texas For Sale

Jasper County, Texas, US
Asking Price:
$995,000 Furniture / Fixtures included
Sales Revenue:
$1,175,704
Cash Flow:
$305,380

Semi-Absentee Plumbing Company In Southeast Texas

Established in 1988, this company is the leading service provider in their local market, leveraging their reputation for high quality work, customer service, and fair pricing. The company serves customers primarily within an hour (60 miles) of their home office in Southeast Texas, but has and will travel further for the right project. The company offers residential repair, residential new construction, residential remodeling, and some light commercial. They are the first call for almost all service work in their local market, and regularly turn work away due to their volume.

Property Information

Location:

Jasper County, TX

Premises Details:

The 3,200 sf facility consists of ~2,000 sf of shop space and ~1,200 sf of office space on half an acre. There is an additional 6.1 acres adjoining the property that is available as well if interested. The shop has a 10' eave height, 2 - 8' overhad doors, and an additional ~2,000 sf awning for equipment storage. The property is available for sale or triple net long term lease to a creditworthy buyer.

Business Operation

Expansion Potential:

The company has produced a much larger volume of revenue in the past, when the owner was willing to go after work and manage larger projects. In 2023 alone the company did just under $2M in sales and over $700,000 in SDE. However, the owner is not aggressively pursuing these projects and is content keeping his crews busy with local work from repeat customers. The company relies solely on their reputation and word of mouth, which allows the current owner to maintain their semi-absentee role in the business.

Competition / Market:

The local market in which the company operates is uniquely attractive. It is large enough to support the business and provide plenty of work, while being small enough to avoid significant competition from new market entrants. The company maintains it's market position without NO digital presence (no google, no facebook, no instagram, no social media of any kind and no SEO efforts).

Reasons for selling:

Retirement

Years established:
38 Years

Other Information

Support & training:

The current owner is willing to stay on as part of the transition for a reasonable period of time.

Furniture / Fixtures value:
$148,500 - included in the asking price