Description About This Posting: Commercial Plumbing Contractor
Highly profitable Los Angeles based commercial plumbing company with over $4.7 million sales, Discretionary Earnings of $1.7 million, EBITDA of $1.5 million, 86 employees, and in business for 30 years is available for acquisition.
Covering Southern California with a higher concentration of projects in Los Angeles County the company has extensive experience in new construction plumbing installations for Commercial Office Buildings, Industrial, Warehouse and Manufacturing Facilities, small to large tilt-ups, plus multi-unit developments. The company does not do residential plumbing repairs or residential-track home new construction.
* $5.6 million sales
* 17% growth annual rate
* $1.6 million Discretionary Earnings
* $1.5 million EBITDA
* 86 employees
* Asking $3.8 million
* SBA financing available
* $390,975 down payment with SBA financing
* Excellent Books & Records
* C36 Contractors License required, Seller will RMO for well qualified buyer
The company has an excellent safety record, uses a third party safety inspection company to ensure safety practices are followed on a daily basis, and consequently has an excellent workman's comp mod rate.
The company has built an excellent reputation through competitive pricing, high quality work, professionalism, punctuality, knowledge and working to meet and exceed customer expectations.Currently the company has 86 highly trained and knowledgeable employees with 5 - 20 years of experience inclusive of managers, supervisors, plumbers, helpers plus an experienced office manager.
The company relies on its reputation and well established relationships with general contractors, and developers in commercial new construction and currently does not have a web-site or advertising budget for expansion into additional revenue streams.
The equipment list includes 18 trucks & vans, bobcats and general plumbing equipment used in the business.
Seller is offering 4 weeks of training included in purchase price and is willing to work as a consultant after the training period is over. Seller will train Buyer and/or new management in his duties during training and consulting periods.
Requires a C36 Contractor License, Seller is willing to act as RMO (Responsible Managing Officer) for Buyer until they can obtain their Contractor License or assist Buyer in hiring a permanent RMO/RME.
To get more information about this Commercial Plumbing Contractor business for sale in
Los Angeles County please phone Bill Grunau (Broker - BRE License #:01335984) at 949-200-6350 - if you get
voicemail please leave a detailed message - make sure you mention you
saw this posting/ad #248018 on BizBen.com. In addition to phoning
Bill Grunau, make sure you email Bill Grunau above to get more info about this
Commercial Plumbing Contractor, to ask any questions or request an appointment to see this
business for sale, franchise, or opportunity. Thank you.
Related Links And Information Regarding This Posting
For over 25 years I have provided niche business purchase financial advisory and loan placement services with SBA and Non-SBA Loans, Retirement Plan Conversions, Private Investors, etc. Financing amounts available: $20K to $7MM. Call today to get pre-qualified or receive financing: 866-270-6278.
California Business Escrow, Inc. is a full service independent escrow company serving all of California and has expertise in a wide range of escrows. Our team prides itself on providing an exceptional escrow experience. For more info phone Diane Boudreau-Tschetter at 888-383-3331 or 209-838-1100.
New Century Escrow, Inc. is a fully licensed & bonded independent escrow company. Over 20 years combined experience in handling bulk escrow transactions. Multi-lingual staff that speaks your language, including Korean, Chinese, Vietnamese. Call Helen Yoo direct at 626-890-1151.
Willard Michlin, CPA #106752, offers buyers step by step training & assistance in doing Due Diligence Services when they are thinking of making an offer, or are in process of investigating a business purchase. He helps to determine the actual net profit even when there is cash. Call 805-428-2063.
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