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Maryland Based Plumbing Business
Location: United States -> Maryland -> Anne Arundel County
Industry: Business Services > Construction




Business Summary

TERMS: Asking Price is $580,000. Owner wishes to sell the entire Company and the real estate. Owner will entertain offers of varying financial and legal structures. Each offer will be evaluated on its own merits and in relation to other offers. The 3.5 Acres of real estate is available for sale separately from the business for $1,600,000

BUSINESS ACTIVITY: Very well-established Plumbing business providing complete plumbing services to commercial and residential customers in Maryland. The Company is a turn-key operation and an excellent opportunity for a qualified buyer whether interested in buying a business in the plumbing industry or already in the business and wanting to grow. The Company has strong relationships with employees, customers, contractors and vendors which results in substantial repeat and referral business.

HISTORY: Current and sole owner established this plumbing company over 25 years ago. The business has developed a solid customer base with excellent brand recognition based on quality installations and service. Their reputation in the market is excellent for providing outstanding value.

MARKETING STRATEGY: The Company has been focusing on their local service business and presents an excellent platform for growth since there are many opportunities not currently being pursued.

DAYS AND HOURS: 8:00 AM – 4:30 PM Monday - Friday

FACILITIES: Strategically located, the Company leases 2,000 square feet of enclosed office space on 3.5 acres from an LLC owned by the business owner. Monthly rent is $3,300 ($39,600 annually). Other tenants pay an additional $4,300 monthly rent. This real estate is available for sale separate from the business.

CONTACT: Jeff Hider, CBI, at 410-987-7062


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $820,000
Cash Flow:   $231,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $105,450
Seller Financing:  Yes

About The Business

Year Established:  1990
Number of Employees:  6 - 9
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  Owner is committed to the Company’s future success and, will work with the new owner to ensure a successful transition.
Reason For Selling:  Owner eventually wants to retire to spend more time with family




Print Listing Id: 700331667
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Also See: Franchise Opportunities > Franchise Resales > Maryland Businesses For Sale > Maryland Franchises For Sale > Maryland Business Brokers



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