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Highly Profitable West Michigan Plumbing Company
Location: United States -> Michigan -> Kent County
Industry: Business Services > Construction




Business Summary

This opportunity is a full-service plumbing company for sale in West Michigan that offers a wide array of services, including but not limited to the repair and installation of plumbing systems, drain cleanings, water heater services, backflow testing, and PFAS treating. Additionally, the Company specializes in kitchen and bathroom remodeling. The Company completes work for the purposes of new construction, remodels, and retrofitting existing plumbing systems.
The Company was founded 25 years ago and is owned and operated by the original founder. The owner and the owner's spouse are both actively involved in the Business on a full-time basis. The owner serves as the main communication liaison between prospective customers and fulfills all quoting duties. The owner's spouse oversees HR, payroll, payables, receivables, and treasury duties.
The Company's staff is a mix of experienced employees and young newcomers who hope to grow alongside the Company. From an employee standpoint, the combination of both younger and more experienced employees fosters future success as the newer employees are granted the opportunity to learn directly from their co-workers and gain valuable experience. Working alongside these experienced team members prepares the new employees to take over without ever missing a beat when the time is right.
The Company currently operates out of a facility owned through the owner's real estate holding entity. The property is extremely well-maintained and visually appealing, both on the interior and exterior. The facility has an estimated market value of $1,000,000. Ownership is flexible regarding the sale or lease of the real estate.


Financials

Asking Price Range:  $5.0M - $10.0M
Gross Revenues:   $2,614,040
Cash Flow:   $548,052
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $149,221
Seller Financing:  Yes

About The Business

Year Established:  1996
Number of Employees:  10 - 19
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  Ownership is willing to provide reasonable and customary assistance during the transition period.
Reason For Selling:  Ownership would like to pursue retirement.

Photos

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Highly Profitable West Michigan Plumbing Company Photo 1




Print Listing Id: 700370712
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Also See: Franchise Opportunities > Franchise Resales > Michigan Businesses For Sale > Michigan Franchises For Sale > Michigan Business Brokers



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