For over 35 years, this well-established, independent plumbing business has developed a reputation for high-quality workmanship at affordable rates. At its high point, this business was grossing over 1.4 million dollars! It still has huge potential as the current Owner does very little to no advertising.
This is an incredible opportunity for either an existing Plumbing/HVAC Co. that desires instant growth by acquisition or an individual Plumber who desires to be his/her own boss with immediate positive cash flow. This business operates out of a home-based office providing the buyer with options to keep the overhead low or move into an existing or new office space.
The reason for selling is due to retirement.
*Averaged $100,000 Seller Discretionary Earnings Over Last 3 Years as Owner/Operator
*Averaged $367,000 in Gross Revenue Over Last 3 Years
*Residential, Commercial & Industrial customers
*New Construction & Remodels
*Home-Based w/Low Overhead
*5 Star Yelp Rating
*Loyal, Repeat Customers
*Includes work van and tools/equipment
Growth Opportunities: This business operates mostly in a few neighboring cities leaving plenty of room to expand to surrounding communities. The Seller does very little advertising which creates huge opportunities for the buyer to invest in online and local marketing programs. Seller's business was most, if not all, plumbing services. With a C20 license, the buyer can grow the HVAC services and increase revenue.
Buyer Requirements: California contractor's license C36 is required and license C20 (HVAC) is at buyer's option. Seller is open to discussing being a paid RME while the buyer is obtaining the necessary licenses for a limited period of time.
Seller Training: Seller will provide 2-4 weeks of training to ensure a smooth transition for the buyer.
*Seller financing and/or bank financing may be available for a qualified buyer(s).