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Well Established Profitable Plumbing Biz
Location: United States -> Colorado -> Denver
Industry: Business Services > Construction




Business Summary

$350,000. Well-established and very profitable plumbing business that was established in 1998 and serves the Denver Metro Area. Business is Pre-Qualified for SBA financing to a buyer with a master plumber's license and strong credit. With as little as $55,000 down, this business can be purchased, and even with servicing the loan, the new owner can still a net profit of over $90,000 per year!

This plumbing business mainly serves a unique niche in the residential market, and the service the plumbing business requires is much more interesting than general household plumbing repairs. Over 75% of the revenue for this business is derived from annual contracts that have been in place for 10 years. Another excellent benefit of owning this business is that the owner spends about 50% of his time in the office managing jobs and interacting with customers. The current staff includes a Master Plumber, one Journeyman and also one assistant. The Seller's day to day duties include going out on jobs as required, but typically about half the day is spent in the office managing jobs and administrative tasks for the business. The sale of the business includes all furniture, fixtures and equipment that has a used-replacement value of $40,000. Notably included are two fully equipped plumbing service vans with laptops and wireless scheduling systems. There is also a $15,000 supply of plumbing parts inventory, both in the shop and on the vehicles that is also included in the purchase price. The business is completely relocatable within the Denver Metro area, but the new owner may elect to transfer the lease and keep the 1,500 square foot shop where it currently operates.

Contact Chris Gerard 303-395-3800 for more information.


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $400,000
Cash Flow:   $128,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Yes

About The Business

Year Established:  2014
Number of Employees:  1 - 3
Relocatable:  Yes
Franchise:  No
Current Real Estate:  Leased

About The Sale

Management Training and Support:  Complete training provided
Reason For Selling:  Retirement

Photos

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Well Established Profitable Plumbing Biz Photo 1 Well Established Profitable Plumbing Biz Photo 2 Well Established Profitable Plumbing Biz Photo 3




Print Listing Id: 700236199
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Also See: Franchise Opportunities > Franchise Resales > Colorado Businesses For Sale > Colorado Franchises For Sale > Colorado Business Brokers



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