Plumbing Business operating for close to 100 years - with Real Estate

Murray, UT (Salt Lake County)

Seller Financing Available
Plumbing Business operating for close to 100 years - with Real Estate

Asking Price:$400,000

Cash Flow:$55,000

Gross Revenue:$136,130

EBITDA:N/A

FF&E:$35,500

Inventory:$5,000

Real Estate:$275,000*

Established:1922

*not included in asking price.

Plumbing Business operating for close to 100 years - with Real Estate

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Business Description

This Plumbing Company is a third generation company founded in Salt Lake City over 90 years ago. They are a full service Plumbing Company providing services to Residential, Commercial, Industrial and remodeling clientele. Regardless of the size of your project they will provide the service needed. From routine maintenance, repairs, to a remodel, to new construction, they cover all your plumbing needs.

Investments Highlights:
• 90+ Years in Business
• Reputable and Recognized Name
• Centrally Located Property in the Valley with Plenty of Parking
• High Volume of Reoccurring Revenue
• Very Scalable
• Pristine and Organized Books

Asking price includes real estate.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
808
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Centrally Located in the Salt Lake Valley, their building is 808 sq. ft. on a 0.32 acre lot with several parking spaces for trucks, trailers, and equipment. They are only 1.5 miles away from the I-15 and I-215 freeway entrances. The office building has a full Kitchen, two offices, foyer, and rear entrance to the back of the lot. Asking price includes real estate.
Competition:
While there are competitors in the Salt Lake market, there aren’t any Plumbing Companies with the track record or time in business that this company has. They have a well known company with loyal long standing customers. The majority of competitors focus on a “one time” sale. The subject company has focused on developing long term customers.
Growth & Expansion:
The subject company has focused on commercial, maintenance and Industrial work. There is an opportunity to focus on the residential side of the business. Specifically the new residential construction area as the current market for residential development and new construction is booming. The commercial and residential service side of the business is the most scalable side of the business should the new owner decide to hire employees and purchase additional work trucks. Through traditional marketing efforts the new owner stands to substantially increase revenue.
Financing:
40000.00
Support & Training:
2 weeks
Reason for Selling:
Retirement

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Luke Hoffman

Business Listed By:
Luke Hoffman

Transworld Business Advisors of Utah

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Sponsoring Broker:
Saul Komisar

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