Price Reduction - Established Plumbing Company in a Growing Market

Mobile, AL (Mobile County)

Seller Financing Available
Price Reduction - Established Plumbing Company in a Growing Market

Asking Price:$670,000

Cash Flow:$249,511

Gross Revenue:$962,656





Price Reduction - Established Plumbing Company in a Growing Market

Get Financing Save Print Share Valuation Report

Business Description

This profitable plumbing company provides outstanding service to thousands of homes and businesses in Mobile County. The current owners purchased the business over 30 years ago and have continued with the tradition of offering superior service at a fair price. Consistent quality of service is what has driven this company to be a preferred service provider for over 45 years!
The business is comprised of approximately 73% residential and 27% commercial clients. While they do advertise in Yellow Pages, Yellow Book, local church bulletins and other local publications, the majority of their business comes from satisfied customers recommending them to friends and family members.
The service work is broken down into three categories; Plumbing Repair at 53%, Sewer and Drain Maintenance at 29% and Sewer Repair & Installation accounting for the remaining 18%. This is a turn-key operation with a large customer base and significant assets in both equipment and personnel.

Detailed Information

Included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
FLEET: Three Chevrolet 2500 Vans; one Chevrolet 3500 Long bed Van; one Chevrolet Express 3500 with work body; Chevrolet C3500 flat bed; Ford 450 Jetter Truck; International Dump Truck; Komatsu PC35 Excavator with trailer; OTHER EQUIPMENT: Each van stocked with standard service tools; Truck stocked with standard plumbing tools; Walk behind concrete saw; Wacker Packer; Two Jackhammers; Ridgid 700 Threading machine; Smoke machine; Four container units for equipment and tools; One storage building with pipe and fittings. OFFICE: Four computers; Cannon printer/scanner/fax/copier; Brother printer; HP printer; Brother printer/scanner/copier; Xerox scanner; Battery backup/surge protector; One external backup hard drive; Three desks, Six chairs; Ice Machine, Refrigerator. LEASE: Owner is willing to lease the building/property to the new owner or offer it for sale.
This is a very established plumbing company with over 40 years in business. Their customer orientation, quality service and fair prices make them a preferred service provider in Mobile County. They also offer multiple service offerings enabling them to be a comprehensive resource for both residential and commercial clients.
Growth & Expansion:
Expansion opportunities exist through adding more technicians and enhanced marketing activities. The city of Mobile is also growing based on significant industry moving into the area which will further enhance growth opportunities.
Support & Training:
The current owner will work with the buyer for a mutually agreeable time to facilitate a smooth transition.
Reason for Selling:

Listing Statistics for Premium Members

Ad#:1062772 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

Ernest Scarbrough

Business Listed By:
Ernest Scarbrough

Sunbet Business Brokers and Business Brokers South

Show Phone Number

View My Listings

Sponsoring Broker:
Lanier Chew, CBI

Find out more...

Get more details about this business.

Similar Listings

Concrete Technology Incorporated

Franchise Opportunity
Capital Required: $19,500