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