Large Comm/Res Plumbing Biz

Cary Chapel Hill Raleigh Durham Rtp, NC (Wake County)

Seller Financing Available
Residential and Commercial Services

Asking Price:$4,500,000

Cash Flow:$880,000

Gross Revenue:$6,750,000

EBITDA:N/A

FF&E:$950,000

Inventory:$355,000

Real Estate:$1,450,000

Established:2004

Large Comm/Res Plumbing Biz

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Business Description

This is a Large Residential Plumbing Contractor, they have a big chunk of the NEW HOME CONSTRUCTION and Best Big Names locked up and TO JUMP START A NEW PUSH FOR RESIDENTIAL PLUMBING (OR HVAC) a data base of thousands of satisfied and repeat customers. Lots of smaller builders and Contractors send their customers to this company's DELUXE SHOWROOM. . Their employees are VERY loyal and long term. They have several features that Plumbing Companies would die for - like the ability to buy at "true" wholesale or their Retail Show Room. Very Profitable. Best Reputation in the State. Special proprietary software gives emphasis on service. Growth continues in residential, but Commercial is a HUGE Potential. It represents less than 10% but could double revenue by adding a new Estimator trained in this field.

Attached Documents


Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building Sq. Ft.:
N/A
Employees:
19
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
20,000 square foot of Flex with Offices and warehouse and bays and Retail Showroom NOTES ON REAL ESTATE: We do not have the Real Estate Listed, just the business. The Business is $3,500,000 and assumes a Buyer will wish to Lease the building. NOTE: AP/AR is negotiable with this price structure. IMPORTANT: If the Owner gets his price for the business, he indicates a discount for a Buyer that also buys his building and we "estimate" that might be $4,500,000 as a total package. This is not a firm guarantee or offering, only a warm suggestion. Again, we do not have a real estate listing and we do not get paid on anything but the business itself.
Competition:
While there is plenty of competition, these guys are known far and wide as the best in the business and they only loses bids they don't want.
Growth & Expansion:
Yes, 10-20% growth rate is not pie-in-the-sky. Quite achievable for motivated, fresh owner
Financing:
Seller will consider Financing up to 15%
Support & Training:
30-90 days, key staff remain, no problem for transition. NI\OTE:A Six Month, Nine Month or possibly a One Year Consulting agreement with the Seller is open to discussion.
Reason for Selling:
Early Retirement

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Lou Sauer

Business Listed By:
Lou Sauer

Pro Biz M&A Advisers, LLC

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