Highly profitableEastern Midwest plumbing Co

IN

Seller Financing Available
Highly profitableEastern Midwest plumbing Co

Asking Price:$1,200,000

Cash Flow:$425,000

Gross Revenue:$2,500,000

EBITDA:$325,000

FF&E:$200,000

Inventory:$3,641

Real Estate:$450,000*

Established:1990

*not included in asking price.

Highly profitableEastern Midwest plumbing Co

Get Financing Save Print Share Valuation Report

Business Description

Profitable Eastern Midwest Plumbing company.

The business is engaged in primarily residential plumbing with a balanced mix of new construction and service. It is located in metropolitan area of a second tier eastern Midwest City-metro population of approximately 1.5MM.

The owner has kept the company debt free and it is poised to take advantage of growth opportunities in the commercial/industrial market. It would make an ideal acquisition for an HVAC or Mechanical.

The owner holds the license but is willing to stay around for as long as he is needed.

HISTORY: The Company was founded by the owner in 1992 literally out of a pickup truck with a shovel and some tools.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Not included in asking price
Building Sq. Ft.:
N/A
Employees:
22
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The Company operates out of a new modern 12,500 square foot production/office facility owned by the owner. It is situated on an acre lot in a commercial park. The owner would sell the facility for an agreed upon amount but would rather negotiate a reasonable lease.
Competition:
Marketing is through Face book, a new web site, local (small town) media, sponsorships, reputation, etc.
Growth & Expansion:
It is located in metropolitan area of a second tier eastern Midwest City-metro population of approximately 1.5MM. The market potential would support tremendous growth were someone willing to devote the energy.
Financing:
Open
Support & Training:
The owner holds the license but would remain with the new owner for as long as needed and allow the new owner to operate on his license.
Reason for Selling:
: The owner has interests outside of the business which he wishes to pursue. He

Listing Statistics for Premium Members

Ad#:1301092 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's terms & conditions before responding to any ad.

Contact the Seller

Sign up for the BuyerNewsletter.
Learn to use your IRA/401K to buy a business: Guidant Financial (min. $50K needed in IRA/401K)
Contact Seller Loading

Nat Carswel

Business Listed By:
Nat Carswel

The Carswell Group

Show Phone Number

View My Listings

Find out more...

Get more details about this business.


Similar Listings