Los Angeles County residential & commercial plumbing service company with $1.3 million in revenue $516,175 Discretionary Earnings is available for acquisition. Generating strong, consistent revenue with exceptional profit margins, the company is SBA pre-approved for qualified buyers with just 10% down
Established for over 35 years, this well-respected, licensed, bonded, and insured plumbing company serves residential and commercial customers throughout Los Angeles County. With a skilled team of 9 employees and 3 fully equipped service trucks, the business generates approximately 75% of sales from residential plumbing and repiping services and 25% from commercial work. All jobs are performed on a project-by-project basis with no long-term contracts.
Summary:
* Offered at $1.6 million
* $1.3 million projected sales 2025
* $516,175 million Discretionary Earnings projected for 2025
* $181,548 Down w/SBA Financing
* 9 employees
* 3 Service Trucks
Services:
* Residential & Commercial Plumbing Services
* Hydro-Jetting
* Repiping
* Video Sewer Line Inspection
* 24/7 emergency services
Staff
* Operations Manager
* 3 Plumbers
* 5 Re-Pipe
Buyer Skills and Requirements:
The buyer should be prepared to run daily operations. While a plumbing license is not required at purchase, the buyer must be willing to learn the technical aspects of the trade. This is not a passive investment. The seller holds a C36 Plumbing Contractor License and can serve as RMO (Responsible Managing Officer) for up to 12 months, during which time the buyer must obtain their own C36 license.
Training & Transition:
Seller will provide 4 weeks of training (40 hrs/week) and limited consulting thereafter, as negotiated..
Reason for Selling:
The owner is retiring after nearly 40 years working in the plumbing trade.
Inquiries from principals only
Ad#:2401754
