Business Summary:
Plumbing business growing EVERY year organically since inception. Business is comprised of approximately 70% residential and 30% commercial. Business has grown at this rate without a web-site or significant advertising. Consistently operates with zero "Bad Debt" expense. No significant customer concentration. Most employees have been with owner for many years. Many long term customers. While seller operates within several counties, his office is located in an area of affluent homeowners, large homes and light commercial. Seller states that 2026 revenue should "conservatively" reach or exceed $2,000,000. Business remains exceptionally strong through 1st quarter 2026 to support this forecast. Owner Benefit has been reduced $50k/year to replace seller's minority working partner. Seller is also increasing his profit margins in his recent quotes while new revenue remains strong.
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| Year
Business was Established: 2020 |
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| Number of Employees:
12 FT |
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| Facilities / Terms of Lease:
Seller leases a very efficient facility on a month to month basis. New owner can execute a new formal lease or terminate existing location in favor of another location. Yard is 120' x 90' and inside is approximately 1,000 square feet. |
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| Potential
Growth/Expansion:
Simply adding a web page, focusing more on Google reviews, and accepting more business opportunities that are available will continue to ensure growth in future years. Also, seller operates in a high income area of large homes. Seller routinely declines more business than he is comfortable handling. |
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| Competition:
Standard amount of competition. However, seller believes he operates with a higher level of customer satisfaction to ensure future business. |
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| Owner
willing to finance:
$1,245,000 down/$150K over 60 mos. @ 6%. |
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| Owner
willing to train:
Will train for 4 weeks @ $0 cost. |
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| Reason for selling:
Retirement of seller at age 65 |
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Seller Reference Number: 1001-19316
BusinessMart.com Listing Number: 320859 |
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