Remarkable High-Tech Plumbing Company with Healthy Cash Flow

Hanford, CA (Kings County)

Remarkable High-Tech Plumbing Company with Healthy Cash Flow

Asking Price:$1,877,000

Cash Flow:$426,647

Gross Revenue:$1,210,128

EBITDA:N/A

FF&E:$350,000

Inventory:$76,000

Real Estate:N/A

Established:1983

Remarkable High-Tech Plumbing Company with Healthy Cash Flow

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Business Description

This business was founded in 1983 with the desire to build a company that provided the very best client service and care, using the highest quality tools, equipment, technology and training. The business now boasts thousands of loyal repeat clients, who have allowed the business to perform over 80,000 service calls, and millions of dollars in new construction and remodel work in both residential and commercial markets over the last 33 years.

The business is licensed with Nu Flow, a No-Dig, Trenchless Drain Piping Replacement Technology. The business does work for the State of California, and many of the municipalities and school systems in the area.

This is a Very Diversified and Highly Technical plumbing company that performs any and all plumbing services including but not limited to: residential and commercial service and repair, drain cleaning w/ cable equipment and hydro-jetting, electronic pipe location and leak detection, waste and drain pipe video inspection, radiant hydronic floor heating, backflow device installation/repair/certification testing, water treatment system design/installation w/ specialty in chemical-free systems, complete plumbing of commercial and high-end residential structures, solar hot water, low pressure steam / compressed air systems, man-made fog systems for dust control, humidity/temperature control.

A Fantastic Location, Unparalleled Reputation, and Highly-Skilled Team of Staff Members make this business a phenomenal opportunity for any interested acquirer!

Attached Documents


Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Building SF:
N/A
Employees:
6
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The modern facility that houses this business is a 6,600 sqft. Varco-Pruden steel building seated on a 45,000 sqft. lot. The building includes plumbing shop space (1,920sqft), upper deck storage (825sqft), three offices (~250sqft each), a technician training room (370sqft), a kitchen (73sqft), a private office w/ ADA restroom (65sqft), and a private shop room w/ ADA restroom (49sqft). The exterior yard is well lit and equipped with pipe racks and a 320sqft. steel storage container. The plumbing shop space has skylights, requires no electrical lighting during the day, and is evaporative cooling climate controlled during summer. The office spaces are HVAC climate controlled during summer, and the entire interior has radiant hydronic heated flooring during winter. There is a total of 3,860sqft. of available interior space, and a total of 18,000sqft. of available exterior space. The property is owned by the business owner, and rent is approximately $3641.56/month.
Competition:
This business has a PRIME location off a main street in a busy and developing area of San Joaquin Valley Ca. The business is an official franchise location of Nuflow, and has territorial rights to Kings, Tulare, and Fresno County. The business offers More Diversified Services than its competitors, and it is the largest plumbing company in King's county. The business has a fantastic reputation locally, and has a name that is well known and respected in both the market area and business arena. The business has designed, built, and serviced plumbing systems for large corporations such as Leprino Foods, Olam International, Cargill International, Nichols Pistachio, Stone Land Corporation, McDonalds, and Taco Bell.
Growth & Expansion:
This company has tremendous room for growth, and the owners are constantly turning down business. There is a total of 3,860sqft. of available interior space, and a total of 18,000sqft. of available exterior space in the facilities. By hiring additional employees to handle a larger workload, and investing more in advertising, the business could easily increase top and bottom line profits. The business does have a website, but it could be updated and enhanced to expand the online presence of the business as well.
Support & Training:
Currently, the business has 6 active full-time employees and two owners. The business has staff and management in place to help a new owner successfully manage the transition, and to provide continuity after the owners' departure that clients know and trust. Staffing policies are outlined in an employment policy manual. The business owner is willing to remain involved for a 3-month post-sale transition period, and is willing to remain involved as a part-time paid consultant with the business for 6 months after the sale.
Reason for Selling:
Retirement
Franchise:
This business is an established franchise

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GreenTree Acquisitions Inc.

Business Listed By:
GreenTree Acquisitions Inc.

GreenTree Acquisitions Inc.

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