$2,039,988.00
Asking Price
Status: Active
Posting ID: 284832
7/25/24
Description
Founded over 37 years ago, this widely recognized commercial plumbing business has developed a reputation throughout the industry for consistency, reliability, and quality. The business has had a solid record of growth over the last 37 years.
Throughout the decades, the company has completed projects for almost every kind of building in California and has done work in many different states. Currently, the company emphasizes commercial tenant improvements, renovation, remodeling, and new construction. The company primarily contracts with general contractors and focuses on large jobs. Some examples are major retail stores, high-end Hotels, high-rise office buildings, restaurants, federal government sites, colleges, banks, churches, schools, fitness centers, assisted living, and more.
Over the years, and through previous recessions, the company has maintained revenues by shifting its workforce to areas of demand. The owner reviews the bids and contracts and handles the payroll and invoicing.
The 2023 annualized revenue indicates about 6% growth from 2022 (a little over $1.9M through July 31, 2023). The Seller’s Discretionary Earnings (SDE) is already over $600K through July 31, 2023, compared with $605K in 2022. The company’s current WIP and backlog as of September 2023 is over $3M, with future potential contracts in negotiation for over $5M.
The company has eight employees, including two foremen.
The business would make an ideal acquisition target for an established business looking to expand its footprint in the stated markets. A C-36 plumbing contractor license is required to operate this business. The business is prequalified for an SBA loan.
For additional information, please contact Matt Manavi at mmanavi@tworld.com or call 714-923-1222 X1.
To get more information about this Plumbing Company - Turnkey, Highly Profitable business for sale in Los Angeles County please phone Matt Manavi, CBB, CBI, M&AMI (Intermediary, Broker - BRE License #:02018229) at 714-923-1222 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #284832 on BizBen.com. In addition to phoning Matt Manavi, CBB, CBI, M&AMI, make sure you email Matt Manavi, CBB, CBI, M&AMI above to get more info about this Plumbing Company - Turnkey, Highly Profitable, to ask any questions or request an appointment to see this business for sale. Thank you. License # 02018229. Transworld Business Advisors of Orange.
Contact
Details
Asking Price: $2,039,988.00
Down: $250,000.00
Cash Flow: $605,000.00
Revenue: $3,066,000.00
Area: Los Angeles County
City: None Given
Attributes:
My Notes About This Listing
Cash flow
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Revenue
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Down
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Posting: 287468 | Available | 7/23/24
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Down
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Posting: 286537 | Available | 7/20/24
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Cash flow
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Revenue
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Down
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Cash flow
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Revenue
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Down
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Min Liquid Cash
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Net Worth
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Cash flow
$100,000
Revenue
$900,000
Down
$337,500
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Cash flow
$1,500,000
Revenue
$2,600,000
Down
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Cash flow
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Revenue
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Down
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$49,000
Cash flow
$70,000
Revenue
$450,000
Down
$850,000
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$850,000
Cash flow
$200,000
Revenue
$1,046,000
Down
$181,250
Posting: 284627 | Available | 7/23/24
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Asking Price
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Cash flow
Call/Email
Revenue
$2,100,000
Down
$400,000
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A retail pharmacy, established in 2010 and located in a medical building in Riverside County, is now available for sale. This pharmacy has shown profitability and maintains a substantial patient base covered by MediCal/Medicare/Cash. The property is also available for purchase.
Asking Price
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Cash flow
$366,458
Revenue
$1,630,397
Down
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Asking Price
$3,000,000
Cash flow
$230,000
Revenue
$1,700,000
Down
$749,000
Posting: 285227 | Available | 7/23/24
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Cash flow
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Revenue
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Down
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Total Investment
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Min Liquid Cash
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Net Worth
N/A
Posting: 284296 | Available | 7/23/24
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Franchise Fee
Call/Email
Cash flow
$132,000
Revenue
$650,000
Down
$209,700
Posting: 287639 | Available | 7/20/24
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Asking Price
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Cash flow
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Revenue
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Down
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Posting: 285746 | Available | 7/25/24
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Cash flow
$100,000
Revenue
$800,000
Down
$499,000
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Asking Price
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Cash flow
N/A
Revenue
N/A
Down
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Cash flow
$325,000
Revenue
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Down
$1,285,000
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Cash flow
Cal//Email
Revenue
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Down
$112,500
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Cash flow
$225,000
Revenue
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Down
$250,000
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Cash flow
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Revenue
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Down
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Revenue
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Down
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Asking Price
Call/Email
Cash flow
$657,816
Revenue
$2,786,701
Down
$3,200,000
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Cash flow
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Revenue
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Down
Call/Email
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Asking Price
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McGovern Escrow Services, Inc., is a leading independent escrow company. We are a trusted partner with our clients, assisting them through the tangled bulk sale & liquor license transfer process. We provide attentive, quality & innovative customer service. Phone Elizabeth McGovern at 415-735-3645.
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