Price: $2,325,000
Location: Florida
Industry: Plumbing
Listing ID: 240306
Listing Status: Available
For sale is a reputable plumbing service company with repeat customers for more than 40 years. The company handles all plumbing repair, replacement and installation needs for both residential and commercial customers. 80% of the work is residential. The company is not dependent on new customers to maintain profitability. The Company is seeing a 44% operating profit.
Revenue as of 6.30.24: $750,935
Operating Profit as of 6.30.24: $290,719
General Information:
Employees: 8 full-time employees
Facility: The owner rents the building, and the lease would be easily transferred to the new owner. The location is centrally located within the service market. The building is equipped with office space as well as a storage area for equipment and vehicles.
Market Outlook
Growth and Expansion: Increasing marketing and adding more personnel will aid in growth.
About the Sale:
Support and Training: Will be provided by the seller.
Reason Selling: Retirement
Total Sales: $1,572,031
Cash Flow: $620,189