San Mateo County, CA Plumbing Businesses For Sale

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Plumbing Contractor with Experienced Crew
$495,000Cash Flow: $350,000Seller Financing
Plumbing Contractor with Experienced Crew

San Mateo County, CA

A leading licensed contractor serving commercial, industrial, and residential customers mostly on the San Francisco Peninsula. Motivated seller with financing available. With almost 10 years in business, they serve a variety of customers with dozens of major corporations and national chains as regular recurring clients. The business is highly profitable and growing, with a highly-skilled and experienced crew. Projects include repairs, regular maintenance, residential and commercial renovation & remodeling, and new construction. Annual sales are well over $1,000,000; however, 2018 sales—January through June 19th are already over $695,000; that extrapolates to almost $1,500,000 for 2018! Seller's Discretionary Earnings ("SDE") in the “comfortable six-digits” (estimated at +/- $350,000). The company maintains an efficient, affordable office/warehouse space on the San Francisco Peninsula. But, the business is easily relocatable anywhere on the Peninsula or East Bay. Market: The customer base is well-established; 90% of business is from recurring corporate clients. The business has been built on its reputation by “word-of-mouth,” with no formal marketing or advertising. The company specializes in commercial & residential remodels, commercial tenant improvements, and kitchen & bath remodels. The bulk of the sales are to national and international restaurant, coffee shop, and property management firms. There are over 500 active customers in the company database. Staff: There are six full-time employees, and two part-time employees, comprising over 180 years of experience in the trade. The Transaction will be for the purchase of the entire business. The asking price is $495,000, plus inventory at cost (approximate value: $30,000). Sellers will provide all necessary support for a seamless and easy transition. The owner/seller estimates office/warehouse furniture and fixtures to be worth $20,000+, and trucks and equipment to be worth $200,000+. Financial Data: Full financial data will be provided upon signing an NDA. Business is a sole proprietorship. Note: All data on this business is provided by the Seller for information purposes only, and no representations are made by the Broker as to accuracy. The Broker has made NO independent verification of the data contained herein. The Broker represents the Seller and does NOT represent the Buyer. The Buyer is advised to perform independent due diligence and seek the advice of professionals prior to purchasing the Business.

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