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Excellent Plumbing Co.

Chattanooga, TN (Hamilton County)

Excellent Plumbing Co.
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Asking Price: Get Financing: $500,000

Cash Flow: $246,000

Gross Revenue: $880,000

EBITDA: $269,000

FF&E: $160,000

Inventory: $18,000

Lease Rate: $2,000 /SF/Month

Established: 1986

Excellent Plumbing Co.

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Business Description

EXCELLENT PLUMBING COMPANY-GREAT CASH FLOW

Perfect for master plumber. Seller ready to deal. PRE-APPROVED SBA FINANCING. BUSINESS IS READY FOR QUALIFIED BUYER.YOU CAN MAKE YOUR RETURN ON INVESTMENT IN TWO YEARS.WE HAVE NEVER HAD A BUSINESS THAT A PURCHASER COULD GET THIS LARGE OF A RETRUN ON PURCHASE PRICE. COMPANY ONLY WORKS WITH THE BEST COMMERCIAL BUSINESSES. YOU WILL NEVER FIND ANOTHER BUSINESS CASH FLOWING OVER $250,000 FOR $500,000. East TN - EXCELLENT FINANCIALS.Thirty year old Plumbing company with excellent reputation. Has long term commercial accounts with some residential business. Business has shown good profits for many years and their work is the best in the area. You can look long and hard but won't find a better managed business than this one. the company could be grown larger as it is in a growing area with more companies moving in all the time. Company also has late model equipment and very good employees. Owner has done extremely well over the years and is ready to retire.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
11,000
Lease Expiration:
N/A
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Seller owns building and their are two other businesses at location. Seller pays rent to his company for lease. HE WILL SELL BUILDING. Business is on major hwy. and is perfect for this Company. Building is in excellent condition.
Competition:
No competition in this town.
Growth & Expansion:
Growth is excellent as there is more manufacturing moving into area every day. It's up to new owner how large they want to be.
Support & Training:
Seller will help new owner as long as it takes during transition.
Reason for Selling:
Seller is retiring.
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(from currently available funds)
 
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Bill Pinson

Business Listed By:
Bill Pinson

Pinson Group International

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