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Central Maryland Plumbing Company

Anne Arundel County, MD

Seller Financing Available
Central Maryland  Plumbing Company
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Asking Price: $580,000

Cash Flow: $231,000

Gross Revenue: $820,000

EBITDA: N/A

FF&E: $95,450

Inventory: $10,000

Real Estate: $1,600,000*

Established: 1990

*not included in asking price.

Central Maryland Plumbing Company

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Business Description

Very well-established, licensed, and certified plumbing business providing complete plumbing services to commercial and residential customers between Baltimore and Annapolis, Maryland. The Company is a turn-key operation. and has strong relationships with employees, customers, contractors and vendors which result in substantial repeat and referral business.

HISTORY: Current and sole owner established this plumbing company over 25 years ago. The business has developed a large customer base with excellent brand recognition based on quality installations and service. Their reputation in the market is excellent for providing outstanding value. They have a lot of repeat business.

TERMS: Owner wishes to sell the entire Company and the real estate. He will entertain offers of varying financial and legal structures. Each offer will be evaluated on its own merits and in relation to other offers. The real estate (land and buildings), is available for lease or sale separate from the business.

Detailed Information

Location:
Anne Arundel County, MD
Inventory:
Included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
4,200
Employees:
9 FT, 2 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Strategically located in Anne Arundel County, the Company leases 2,000 square feet of enclosed office space on 3.5 acres from an LLC owned by the business owner. Monthly rent is $3,300 ($39,600 annually). They receive another $4,300 monthly from other tenants on the property.
Competition:
This is a very fragmented market with many competitors. However, the Company has a prime, strategic location. large customer base, and has been providing quality plumbing services for over 25 years providing a competitive edge.
Growth & Expansion:
Currently cannot handle all prospective customers and are seeking new plumbers at this time to service the volume of work ... A new owner could increase hours and work weekends, hire more plumbers to respond to in-bound calls and invitations to bid. + Could focus on offering Service Agreements. Business has unlimited potential and is an excellent platform for growth for an ambitious new owner.
Financing:
Negotiable
Support & Training:
The owner is flexible and committed to the business. As needed, he will stay with new owner to ensure a successful transition post-closing.
Reason for Selling:
After a smooth transition with the Buyer the owner wants to retire.
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Contact the Seller

(from currently available funds)
 
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Jeffrey Hider, CBI, CBC, CBB

Business Listed By:
Jeffrey Hider

The THOR Group LLC

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers.

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