17541-Booming Southern Nevada Plumbing Contractor

NV

Seller Financing Available
17541-Booming Southern Nevada Plumbing Contractor
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Asking Price: N/A

Cash Flow: $2,740,000

Gross Revenue: $19,108,000

EBITDA: N/A

FF&E: $586,000

Inventory: $169,000

Established: 2007

17541-Booming Southern Nevada Plumbing Contractor

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Business Description

Working capital is negotiable! Operating from its headquarters in Southern Nevada, this fine establishment is a specialty trade contractor offering new construction plumbing for residential and commercial applications. (Revenue Breakdown by Market: General Contractors – 90% & Commercial Contractors – 10%) The company’s primary services include installations in single family homes and multi-unit complexes. The company operates from an 11,000 square-foot facility, which is owned with an option to lease or purchase additionally. This highly profitable business has a valuable track record of maintaining strong relationships with repeat customers, which in turn, reflects positively on its discretionary earnings, and EBIDTA. For over eleven years, the company has been increasing revenues – with an 82% increase over the past four years alone due to a booming economic climate in the area, backed by the company’s focus on maintaining and attaining relationships with growing general contracting clients. In 2018, the total revenue was $19,108,000, with seller’s discretionary earnings of $2,740,000. With a large customer base, streamlined operational aspects, and solid reputation, the company continues to grow year after year nearly automatically without day to day oversight from ownership due to the highly trained staff of experienced team members.

Detailed Information

Inventory:
Included in asking price
Employees:
90
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
Negotiable for the right buyer
Support & Training:
The owner is flexible to standard or extended transitioning period.
Reason for Selling:
Other interests
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IAG Buyer Division

Business Listed By:
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IAG

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