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Plumbing Business
Location: United States -> Arkansas
Industry: Business Services > House and Garden Maintenance




Business Summary

For over 30 years this plumbing company has served the central Arkansas area. The business serves both new construction and the service side of plumbing. The business has recently produced top line sales in excess of two million dollars. In 2016 the business netted SDE (Seller Discretionary Earnings) of over 10% of top line income.2017 is off to a great start and is poised to be another profitable year for the business.

Established with a great reputation, this company boasts an already varied and substantial client base that can be nurtured and grown by a new buyer. Integrating synergistically with an existing plumbing business, increasing marketing, concentrating more on the profitable service side of the plumbing business are all ways to substantially increase business sales and profitability.

The business has a solid relationship with suppliers. The business has over $230,000 worth of usable inventory and approximately $269,000 worth of furniture, fixtures, vehicles and equipment. Bobcats, backhoes, a fleet of over ten trucks and all necessary tools for doing business are included in the sale. Many trained and experienced employees are also in-place right now and many of them have been with the business for many years.

Located in a highly visible area, the real estate can also be purchased or leased. The area continues to grow and increase in value each year. The 3+ acres and buildings located on a busy road.

The owner needs to sell the business for personal reasons and this is an incredible opportunity with everything already in place for someone with experience in plumbing and/or sales to come in and buy an established, respected and profitable plumbing operation they can then grow and take to the next level.   

Asking Price: $510,000 JUST ABOVE ASSET VALUE

: Please contact the CBI+Team today for more information at 877-582-5200.


Financials

Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $1,349,231
Cash Flow:   $150,422
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $507,050
Seller Financing:  Not Disclosed

About The Business

Year Established:  1988
Number of Employees:  10 - 19
Relocatable:  Not Disclosed
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  Owner is willing to stay on for a negotiable period to ease the transition for new owner.
Reason For Selling:  Owner would like to pursue other business interests.




Print Listing Id: 700278094
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Related Searches: Advertising and Marketing  >  Architecture and Interior Design  >  Commercial Cleaning  >  Construction  >  Equipment Rental and Leasing  >  Financial  >  Graphic Design  >  House and Garden Maintenance  >  Laundry  >  Locksmiths  >  Pet Care  >  Postal and Messenger Services  >  Printing Service  >  Security and Protection Services  >  Staffing  >  Towing  >  Transportation - Airplane, Taxi, and Limousine  >  Waste Services  >  Other Services  > 

Also See: Franchise Opportunities > Franchise Resales > Arkansas Businesses For Sale > Arkansas Franchises For Sale > Arkansas Business Brokers



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