Plumbing Service Residential Commercial Accounts
Location California,United States
Asking Price Range < $250K
Gross Revenues $125000
Net Profit / Cash Flow $84000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1985
Number of Employees 1 - 3
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training 4 weeks, 20 hours per week included.
Reason for Sale Retirement.
Description This plumbing services company provides a variety of services to both the residential home clients as well as commercial restaurant accounts on an emergency or appointment basis. The company performs regular maintenance for various businesses in the immediate area, and also relies heavily on emergency work as this company has a 24/7 365 response commitment to any inbound client. Services include installation of drain cleaners, cleaning septic systems, insulation of pipes, pump maintenance, cleaning of drains and gutters, changing hoses and connections of different dishwashers and water heaters, and every other common and uncommon plumbing work that can be dreamed of. Fully licensed as a California contractor, and includes all material, equipment, can bill at $89+ per hour, with some jobs totaling in excess of $10-$15,000 per call in some larger more involved cases. NDA is required to speak to the Seller and get more detailed information.
Facilities:
Home based business, truck can be included if the price and deal structure is right.
Competition/Market Pros and Cons:
Offers exceptional service at competitive prices. Only relies on yellow page type advertisement campaign at all, so upside exists if additional advertising channels were employed.
Growth and Expansion Pros and Cons:
Currently outsources some jobs to friendly shops to keep a steady work-flow without really grinding and taking on heavy hours. Upside is there for hustlers.
Support/Training:
4 weeks, 20 hours per week included.
Reasons for Selling:
Retirement.
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