Established Plumbing Company *UNDER CONTRACT*

Kerrville, TX (Kerr County)

Seller Financing Available
Established Plumbing Company *UNDER CONTRACT*

Asking Price:$567,000

Cash Flow:$210,279

Gross Revenue:$659,945

EBITDA:$182,691

FF&E:$167,000

Inventory:$10,000

Lease Rate/Sq. Ft.:N/A

Established:1984

Established Plumbing Company *UNDER CONTRACT*

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Business Description

*UPDATE 12-30-16: This business is under contract, so we will not reply to inquiries unless the business goes back on the market - but feel free to fill out the form and submit your contact information.*

Long established, profitable and growing plumbing company based in the Texas Hill Country. Owner wants to retire. An excellent team of skilled employees and leadership are in place. This is a turn-key opportunity and the new owner doesn't necessarily have to be a plumber. Also includes a fleet of well-appointed trucks with all tools and equipment with a fair market value of $173,000. About $10,000 worth of inventory conveys. For a buyer with the right experience and credit, this company can be SBA financed with as little as 25% down! Multiple lenders have already pre-approved it.

Established company since 1984; operating in Texas Hill country; great reputation, repeat clientele and very good income. Well maintained professional grade equipment, trucks and inventory and career technicians who want to stay. 4 radio dispatched full service trucks; all with graphics, logo and service marks. They are the factory service agents for major brands of water heaters and authorized service provider for local gas company. Company has scheduling, dispatching, cost factoring, financial record keeping software all in place and full function. Full electronic invoicing, technicians are able to create invoices, get signatures, retrieve cost factors and accept payment all onsite wirelessly independent of office support. Full service retail residential and commercial services. Technicians wear company uniforms and shoe covers. Specialize in all water heaters, water treatment systems, slab leaks, quality fixtures and faucets, quality workmanship and usually same day prompt service. Utility construction including sewer, water and gas lines installed and serviced.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
N/A
Employees:
6
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Rented office space available for continued lease of $550/mo
Competition:
• An extensive base of over 2,400 satisfied accounts and growing • High volume of referrals • Established name in the community by being in business for over 31 years • Known for its outstanding workmanship and quality customer service
Growth & Expansion:
Business has been steadily growing last 4 years since the current owner acquired the Company. Opportunity to grow commercial side of the business. Opportunity to grow Sewers and Drain Cleaning business. Can expand business hours and coverage area.
Support & Training:
Owner will maintain the master plumber's license until key leadership obtains his license - this person knows about the sale and is staying on with the company but would rather work plumbing jobs in the field than own and operate the business. YOU DO NOT HAVE TO BE A PLUMBER TO BUY THIS COMPANY.
Reason for Selling:
Retirement

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Clint Fiore

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Clint Fiore

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