Description About This Posting: Plumbing Contractor
Leading licensed plumbing contractor serving commercial and residential customers mostly on the San Francisco Peninsula.
Almost 10 years in business, they serve a variety of customers with dozens of major corporations and national chains as regular recurring clients. The business is highly profitable and growing, with a highly-skilled and experienced crew. Projects include repairs, regular maintenance, residential and commercial renovation & remodeling, and new construction.
Annual sales are well over $1,000,000, with Seller's Discretionary Earnings ("SDE") of approx. $580,000 The company maintains an efficient, affordable office/warehouse space on the San Francisco Peninsula. However, the business is easily relocatable anywhere on the Peninsula or East Bay.
The customer base is well-established; 90% of business is from recurring corporate clients. About 25% of sales are from the top 3 customers. The business has been built on its reputation by 'word-of-mouth,' with no formal marketing or advertising. The company specializes in commercial & residential remodels, commercial tenant improvements, and kitchen & bath remodels. The bulk of the sales are to national and international restaurant, coffee shop, and property management firms. There are over 500 active customers in the company database.
Staff: There are six full-time (W-2) employees, and two part-time (W-2) employees, comprising over 180 years of experience in the trade.
Buyer: The Seller will only consider offers from a buyer who (1) already has a general or plumbing contractors license, or (2) who has the experience and credentials to qualify for a license.
The Transaction will be for the purchase of the entire business. The asking price is $425,000, plus inventory at cost (approximate value: $30,000). Sellers will provide all necessary support for a seamless and easy transition. The owner/seller estimates office/warehouse furniture and fixtures to be worth $20,000+, and trucks and equipment to be worth $50,000+.
Financial Data: Full financial data will be provided upon signing an NDA. Business is a sole proprietorship. Owner/seller will substantiate expenditures allocable to other investment interests that constitute personal income in addition to that shown on business financial documents.
Note: All data on this business is provided by the Seller for information purposes only, and no representations are made by the Broker as to accuracy. The Broker has made NO independent verification of the data contained herein. The Broker represents the Seller and does not represent the Buyer. The Buyer is advised to perform independent due diligence and seek the advice of professionals prior to purchasing the Business.
To get more information about this Plumbing Contractor business for sale in
San Francisco Peninsula please phone Tim Cunha (Intermediary, Broker - BRE License #:01919755) at 650-600-3751 and 844-237-6487 - if you get
voicemail please leave a detailed message - make sure you mention you
saw this posting/ad #244448 on BizBen.com. In addition to phoning
Tim Cunha, make sure you email Tim Cunha above to get more info about this
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
Professionals who understand the importance of world class business brokerage service and the value it can create. Specializing in assisting sellers and buyers with retail stores, restaurants, hospitality & lodging, manufacturing operations, distribution companies, e-commerce and service businesses.
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.
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.
Redwood Escrow Services, Inc. is a full service, licensed independent escrow company. We are EAFC Fidelity bonded, fully insured & licensed with the Department of Corporations. Committed to offering our clients the most comprehensive variety of escrow services available. Phone Janet at 510-247-0741.
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.
Founder & President Of BizBen.com (since 1994) & BizBenNetwork.com. I am the Lead Facilitator for the ProSell & ProBuy Programs on both platforms. I consult daily with business buyers, owner/sellers, and intermediaries daily about buying and selling businesses. Reach me direct at 925-785-3118.
Related Articles, Events, Blog Posts, Discussions, Videos, Interviews
We all understand the idea of paying too much for a small business. But is there such a thing as not paying enough? That seems like an odd notion, but I'm familiar with situations in which a buyer acquired a small business for a figure substantially under what probably was market value.
How do you determine the value of your business when you go to sell or even buy a business? There are so many factors and that is usually one of the first items serious buyers inquire about. Tim Cunha JD (SF Business Broker at 650-600-3751) initiates this Discussion On BizBen with other Advisors.
Ever wonder what is involved in obtaining business purchase financing to buy a business or franchise? Peter Siegel, MBA who has over 20 years advising and obtaining all types of financing for business buyers in this video/podcast - SBA loans, Non-SBA Financing, Alternative Financing Sources.
When selling a small to mid-sized business, owners should have their paperwork and financial information ready to go! They should also have a short business plan of past history, current operations, and potential for the future. In this BizBen Discussion several advisors and intermediaries weigh in.
When seeking SBA loan financing many potential business buyers have wrong information about the process of securing the best financing to buy a business. Peter Siegel, MBA (at 925-785-3118) a business purchase financing expert delves into the myths and facts regarding SBA loan financing.
First the dreaded statistic: 80% of all California business buyers looking to buy a small to mid-sized business in California never end up doing so! Peter Siegel, MBA BizBen Founder And Director at 925-785-3118 covers successful tactics all business buyers of small businesses should utilize.
Business tax filings are very important factor in determining the credibility of business financials. Just seeing those financials, you can't determine whether those values are overstated or not. Some business owners provide made up financials to buyers - so, that's where tax fillings come in.
In this article on BizBen, business purchase financing advisor and SBA loan broker, consultant Peter Siegel (Business Purchase Financing Expert/Advisor & the ProBuy Program Director at BizBen) at 925-785-3118 shares his views of getting SBA loan financing faster for business purchase financing.