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Chicago Plumbing Company - Repeat Business

Chicago, IL (Cook County)

Seller Financing Available
Chicago Plumbing Company - Repeat Business
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Asking Price: $825,000

Cash Flow: $240,481

Gross Revenue: $2,409,443

EBITDA: N/A

FF&E: $47,000

Inventory: $25,000

Real Estate: $650,000*

Established: 2006

*not included in asking price.

Chicago Plumbing Company - Repeat Business

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Business Description

2017 Revenue Growth Over $1,000,000

This North Side of Chicago residential plumbing company has been fixing vintage pipes for over 10 years. With its excellent location and fantastic reviews, the Company has always been able to deliver on its mission to provide its customers with safe and environmentally friendly plumbing.

As on of the leading plumbing companies in Chicago, the Company specializes in water heater installation, leaking pipes, flood control repair and installation and much more. The Company employs a team of expert plumbers that must complete a lengthy training and certification program before taking their first job.

The Company prides itself on its old-fashioned Chicago values, like integrity and getting a job done right the first time. Its online reviews are consistently excellent and most of its customers contact them for multiple jobs. The Company also has a VIP service program that many of its customers subscribe to, allowing them to receive priority services and discounts.

Interested buyers are required to execute an electronic NDA and provide a LinkedIn profile or resume prior to the disclosure of the name and location of the Company.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
3,000
Employees:
15
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The Company operates out of a single, 3,000 +sq/ft facility with a secured lot located on the North Side of Chicago. The property is owned by the seller.
Competition:
The Company has several competitors in the form of other plumbing businesses in the Chicago area. However, none of them have the variety of services or excellent customer reviews that The Company boasts.
Growth & Expansion:
There is ample opportunity for a new owner to grow the business including continuing to cut costs and maximize efficiencies, expand the workforce, and develop a more in depth marketing plan.
Financing:
$82,500
Support & Training:
Mutually agreed upon training and transition
Reason for Selling:
Other business interests
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Jim Peddle

Business Listed By:
Jim Peddle

Playbook Corporate Advisory, Inc.

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