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Open since 2002, listing provides general plumbing and repair services 24/7, 365 days a year for both residential and commercial new constructions or remodels, with a BBB A+ Rating since 2009. As net Profit Margins climb over 30% with increasing sales dating back to three years, Total Revenues for 2020 were of $1,100,000 alongside Seller Discretionary Earnings of $429,989. Additionally, for the 6 month interim of June 31st in 2021, Net Incomes reached up to $837,000 with an SDE of $311,000, while owner projections for the FYE give a 54% increase to grosses, totaling $1.6 Million! Headquarters is a collection of one office facility, four small storage/warehouse spaces, and ample yard that is leased for $1,000 monthly; property is in excellent condition and also available for a preferred purchase. With expandable C-3 commercial zoning and a skilled team of eight nonunion employees, company is ready to continue its hands-on operations during an owner transition. Though the owner does very little advertising, company’s potentials for growth are a huge factor when considering this opportunity Besides the ability to handle extra capacity, further development opportunities exist for additional marketing strategies which currently rely on referral sources backed by a large and recurring customer base.
Holds a tenancy of $1,000 monthly.
Property of $200,000 value is available for optional purchase.
Approaching retirement and/or pursuing other interests.
Monday to Friday, open 7AM - 5PM.
Negotiable Owner Transition period with financing.
Financing can be negotiable for the appropriate buyer.
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