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Primo High Profit Plumbing Co. Newport Beach, CA, A+ Reputation
$2,000,000Cash Flow: $509,482
Primo High Profit Plumbing Co. Newport Beach, CA, A+ Reputation

Newport Beach, CA

This is a premium, well-run Plumbing Company serves all of Orange County for all plumbing repairs, remodeling, and general contracting. The Company has commercial and residential customers all over the O.C. area, however, 60%-70% of their work is in Newport Beach and Irvine, which are known as the two most affluent cities in Orange County. The Company was established 20 years ago by the Owner with one truck and a good set of tools. Within the past ten years the gross revenue has more than doubled. They now have 13 honest and dependable employees, 10 trucks, and a full set of solid equipment for any job. The Owner does minimal advertising and attributes this growth to good service, fair dealings, as well as the word-of-mouth recommendations of satisfied customers. The Company has a great reputation and that’s why they do so well financially. The customer base is approximately 60% commercial and 40% residential. They provide regular service to over 100 big local companies, many of which are nationally recognized names. The Company services all of Orange County and occasionally will travel to other locations in Southern CA for their big customers. All of the trucks look professional, contemporary, and very clean. The fair market value of the trucks is $203,000 and the fair value of the equipment is estimated at $128,925. The Company is also a Certified Backflow Tester. The Owner estimates he makes over $300,000 a year just from the Backflow program alone. This is a situation where a $45 -$50 test turns into a $ll,000 job. This financially successful Company brings peace of mind to operate. The Owner has plenty of free time for holidays and other events. On an average week he works about 40 hours. He is agreeable stay on for a month or two at no charge to help you get up and running if you desire. Facilities: The facility is freeway-close and comprised of 3 offices and a warehouse. All vehicles are parked indoors. Plenty of room to store all equipment and inventory. Competition: The Company competes well with other large plumbing companies because they do excellent work, are fair to the customers and do not create unnecessary extra work. Customers refer their friends. Growth and Expansion: The size of the Company has doubled within the past 10 years. The Owner believes this growth is due to good work and honest and fair business practices. Support and Training: The Owner will train a minimum of 30 days with the possibility of 60 days. Reason for Selling: Retirement then moving out of the area.

Profitable Plumbing Business in North OC
$195,000Cash Flow: $104,000Seller Financing
Profitable Plumbing Business in North OC

Orange County, CA

For over 35 years, this well-established, independent plumbing business has developed a stellar reputation in the North OC/South LA County communities. It is known for high-quality workmanship at affordable rates. This is an incredible opportunity for either an existing Plumbing/HVAC Co. that desires instant growth by acquisition or an individual Plumber who desires to be his/her own boss with instant positive cash flow. This business operates out of a home-based office providing the buyer options to keep the overhead low with a home office or move into an existing or new office space. HIGHLIGHTS: *Averaged $100,000 Seller Discretionary Earnings Over Last 3 Years as Owner/Operator *Averaged $367,000 in Gross Revenue Over Last 3 Years *Residential, Commercial & Industrial *New Construction & Remodels *Working Relationship with City and School District *Turnkey Operation *Home-Based w/Low Overhead *Great Reputation *5 Star Yelp Rating *Loyal, Repeat Customers *Plenty of Opportunity for Growth *Includes work van and tools/equipment *Brand New Box Truck Sold Separately **California license C36 is required and license C20 (HVAC) is at buyer's option. Seller is open to discussing being a paid RMO/RME while the buyer is obtaining the necessary licenses. For detailed information about this business, please fill out the attached NDA and Buyer Profile and send to jmoser@sunbeltnetwork.com.


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