Profitable Plumbing Contractor

IA

Profitable Plumbing Contractor
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Asking Price: N/A

Cash Flow: N/A

Gross Revenue: $6,487,000

EBITDA: $1,068,000

FF&E: $1,303,000

Inventory: $400,000

Rent: $4,433 /Month

Established: 2004

Profitable Plumbing Contractor

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Business Description

This profitable Plumbing Contractor for sale in Iowa provides residential and light commercial plumbing services such as excavation, new construction, remodels, regular maintenance, and 24/7 emergency service. The company’s stable customer base consists of residential and commercial builders, remodel contractors, and private individuals. Several of these customers have utilized the company's services since its inception. The company has an experienced team of over 40 employees including apprentices, journeyman plumbers and master plumbers.

Attached Documents


Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
5,200
Lease Expiration:
N/A
Employees:
41
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The company leases approximately 5,200 Square feet of space in a multi-tenant, flex commercial building near a major interstate. Approximately 1,920 square feet is used for office with the remaining 3,280 square feet is warehouse and parts storage.
Competition:
The company enjoys a loyal following from local residential builders with eight of their top ten customers having worked with them for more than five years.
Growth & Expansion:
The company is located in an area with a growing population, strong economy, and booming residential housing market which has created a demand for plumbing services now, and in the future. Additional growth can occur through expanding into larger commercial projects, widening the service area and adding new services such as drain cleaning and service agreements.
Reason for Selling:
Retirement
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Scott Sctricker

Business Listed By:
Scott Stricker

Benchmark Business Group

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Sponsoring Broker:
Dennis Henderson

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