Plumbing Service, Established & Profitable
Mobile Area, Alabama
Financials
Asking: $165,000
Included in the Asking Price:
Furniture, Fixtures & Equipment: $90,000
Inventory: $5,000
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Gross: $225,481
Cash Flow: $56,423
Summary
Description
This established and profitable plumbing service does work in several fields.
The actual revenue breakdown is 10% drain/sewer, 45% repair and 45% in
remodeling. They do not have much residential new construction work by choice.
Customers include motel chains, property managers, insurance work and warranty
work. There are 400+ customers in the database and 90% of the new customers
come from referrals by satisfied current cutomers. The company is on several
bid lists and receiving new offers to bid almost everyday. The owner wants to
move, but there is a licensed master plumber on staff who would like to stay
and will sign an employment contract. The business operates out of a leased
office/shop, but could be easily operated as a home-based business. They do no
emergency work and are not on 24-hour call. As of August, the company has an additional
$45,650 in work on the books that is just now starting. An extensive equipment
list includes two fully equipped service/work vans and specialty sewer cleaning
equipment. The seller will stay for a period of time to assist a new owner in
getting a quick start. This is a solid
and proven moneymaker.
General
Information
Year Established: 2003
Employees: 1 Full/1 Part
Facilities: 1,200 sq. ft. building
About
the Sale
Support/Training: Seller will provide training
Reason Selling: Moving out of state
Contact
Information
William Bruce
Sunbelt Business Brokers
Phone: 251.990-5910