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The Wall Street Journal Online

Established Plumbing Contractor

Charles County, Maryland

Seller Financing Available

Photo Available
Asking Price:
$350,000
Gross Income:
$618,961
Cash Flow:
$150,000
FF&E:
$225,000.00 *
Inventory:
$125,000.00 *
Real Estate:
N/A
Year Established:
1999
Employees:
N/A
Business Types:
Special Trades
Miscellaneous Repair Services

* included in the asking price

Business Description

This business generates most of its revenue from government and commercial work and has little competition in obtaining contracts . They are an established plumbing, mechanical, steam fitting & gas fitting contractor that has been in business since 1999. This company has completed many projects in high profile/security locations, in addition to residential and small service/emergency jobs

They specialize in Government, Residential, Commercial, Repair/Replacement, Remodeling, New Construction, Preventative Maintenance, Certification & Installation of Backflow Devices, Medical Gas Installing & Brazing.

The seller is willing to stay on with the new owner in some capacity, if needed, to help and procure additional contracts under the government program the company qualifies for.

Detailed Information

Facilities:
The business is currently run from the owner's home. It can be easily relocated. All equipment is new and in excellent condition.
Competition:
This business operates under one of the governments set aside programs and is able to bid on work that other companies cannot. They have established an excellent reputation and have many long standing relationships.
Growth/Expansion:
A new owner can increase residential business by marketing to the exsting customer list and area. Revenue can be increased by bidding on more contracts that have little competition. Residential service acounts for 25% of revenue and can be increased with additional marketing.
Financing:
Owner will offer generous financing to a qualified buyer.
Support/Training:
The seller will provide training for a smooth transition. The seller can remain in a mutually agreed upon manner , if needed by the new owner, to assist the new owner in obtaining additional contracts.
Reason Selling:
Retirement
Contact Seller

Broker Information

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Business For Sale Listed By

Jerry Castelli
Business Acquisitions & Sales

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