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Well-Established & Profitable Plumbing Services Company

Lake County, IL

Well-Established & Profitable Plumbing Services Company
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Asking Price: $550,000

Cash Flow: $219,000

Gross Revenue: $775,000

EBITDA: N/A

FF&E: N/A

Inventory: $6,000

Real Estate: $250,000*

Established: 1959

*not included in asking price.

Well-Established & Profitable Plumbing Services Company

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Business Description

Established in 1959, this Plumbing Services company has earned the reputation as having THE most trusted, reliable and professional tradesmen in the northern suburbs of Chicago. Offering primarily residential plumbing services, their huge “book of business” now includes third generation customers. Generating over $775,000 in revenue via a blend of new construction, repair and kitchen and bath remodeling this recession-proof business is busy all year. Assets include trucks, tools, equipment and inventory. The property can be leased or purchased, as it generates $29,000/yr in rental income from apartments on the second floor. Staff will remain and owner will transition buyer for up to 12 months

Detailed Information

Location:
Lake County, IL
Inventory:
Included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
N/A
Employees:
6
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Cara Saliga

Business Listed By:
Cara Saliga

SourceWorks Inc

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Sponsoring Broker:
James McNeela

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