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For Sale: Plumbing Franchise - Highly Profitable - Humboldt County, California

  • Status: Active

  • Posting ID: 270618

  • 3/22/23

$2,750,000

Asking Price

Humboldt County Plumbing Franchise - Highly Profitable Business For Sale

Description

This Northern California plumbing franchise is a California S Corporation and was started 30 years ago and has been owned for the past 8 years by the current owners. This business operates 7 days per week, 24 hours a day. The competition landscape is fragmented and does not have the consistency of this business. Some are overpriced, some cannot do encroachment work, some only do commercial, some only do septic, and some do only drain clearing. No one offers the complete set of services and 24-by-7 coverage as this business does.

Growth / Expansion overview:
Since this is a nationally well-recognized franchise, a number of their leads come from customers who recognize the name but also from repeat customers that return along with marketing they do in newspapers, direct mail, internet, Television, SEO optimized website, and social media.

Support / Training Comments:
The Seller is willing to provide training at 30 hours per week for 4 weeks for the new Owner. Additional training is available from Sellers at a mutually agreed-upon price. Corporate Franchisor training is also available.

Financing Comments:
The seller is willing to finance up to 25% of the transaction at 7% interest over 5 years dependent on the price and also the quality of the Buyer.

Reason For Sale:
Sellers are looking to semi-retire.

Home-Based: No
Year Established: 1991
Franchise: Yes Year
Acquired: 2013
Willing to Train: Yes
Relocatable: No
Required Licences: C36
Plumbing License
Is Property Leased: Yes
Real Estate Available: Optimal
Real Estate Included: No
Real Estate Value: N/A
Real Estate Asking: N/A
Days Open: Monday-Sunday
Hours Open: 24/7
Full-time Employees: 13
Part-time Employees: N/A
Is Management Staying: No
Distressed: No
Monthly Payroll: On request
Building Size: 3,600 sq ft.
Monthly Rent: $5,500
Lease Expires: 07/31/2023

Asking Price: $2,750,000 Gross Revenue: $2,377,146 Cash Flow: $449,394 Down Payment: ON REQUEST
FF&E (Included): $250,000 Inventory: $250,000 Financing: Yes

Broker: ProEquity Asset Management Corporation. License ID: 01870526.

To get more information about this Plumbing Franchise - Highly Profitable business for sale in Humboldt County please phone Adriana Sargent (Intermediary - BRE License #:02103897) at 408-981-7799 Call and 408-981-7799 Text - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #270618 on BizBen.com. In addition to phoning Adriana Sargent, make sure you email Adriana Sargent above to get more info about this Plumbing Franchise - Highly Profitable, to ask any questions or request an appointment to see this business for sale. Thank you. License # 02100708. Sunbelt Business Brokers.

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Contact

  1. Name: Adriana Sargent
  2. phone iconPhone: 408-981-7799 Call
  3. phone iconPhone: 408-981-7799 Text

Details

  1. Asking Price: $2,750,000

  2. Down: Call/Email

  3. Cash Flow: Call/Email

  4. Revenue:   $2,377,146

  1. Area: Humboldt County

  2. City: None Given

  1. Attributes:

    Broker-Broker CoopSemi-Absentee RunFinancial AssistanceTraining & SupportOwner Financing

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Related Links & Information Regarding This Posting

Email Adriana Sargent Below About This Posting


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