Santa Clara County, CA Plumbing Businesses For Sale

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Manufactures & distributes solar pool heating systems
$150,000Cash Flow: $117,423Seller Financing
Manufactures & distributes solar pool heating systems

San Jose, CA

Manufactures and distributes solar energy collectors designed for a wide variety of thermal solar solutions, including thermal solar pool heating systems. Each of the major thermal solar applications: pool, spa, hot water, space or radiant floor heating can be used independently or mechanically integrated utilizing a calculated number of solar collectors, pumps, heat exchangers, storage tanks, and control systems. Solar thermal energy usage can be as simple as heating a single body of water such as a swimming pool or as demanding as heating water for a commercial laundromat.

Commercial Plumbing-Maintenance-HVAC Maintenance
$2,950,000Cash Flow: $990,861
Commercial Plumbing-Maintenance-HVAC Maintenance

San Jose, CA

ASKING PRICE INCLUDES WORKING CAPITAL $900,000 CURRENT ASSETS LESS CURRENT LIABILITIES. 21-year old plumbing contracting business, non-union, management team, 45 employees. 75% new construction, 25% maintenance and repair. New construction is as a subcontractor to select general contractors who pay promptly and allow good margins. Maintenance & repair is direct to clients, which include a very large, brand-name Silicon Valley tech company that acquired $1.2 billion of commercial real estate in the Silicon Valley last year, much of which needs remodeling and updating. The company expects to do $1.5 million or more with this client in 2018.

Very Profitable Non-Union Piping Contractor
$3,150,000Cash Flow: $990,861
Very Profitable Non-Union Piping Contractor

San Jose, CA

Very profitable commercial piping contractor. Non-union, lots of well-established relationships with general contractors, architects and other referral sources. Owner is willing to stay as Operations & Business Development Manager up to two years and also be Responsible Managing Employee if the new owner does not have a contractor's license. Business is 80% new construction and 20% maintenance and refurbishing. New construction is usually as a sub to general contractor and typical project size is $50,000 to $75,000 although jobs in the hundreds of thousands are normal, too. Company avoids $1 million + jobs due to working capital requirements. This company is larger than most competitors so only a few others can usually bid on the jobs that the company does. Company has a great team including estimators, job superintendents, plumbers, bookkeeping & admin, purchasing agent and a variety of skilled workers. Owner's primary job is general management oversight, financial management, business development, hiring, etc. Owner works 40 hours a week on average. Owner would like to work up to two years for the new owner as Operations/Business Development Manager at the standard compensation rate in the industry. In Fall, 2017, the company became one of only two plumbing contractors to work for a global tech company that owns billions of dollars of commercial real estate in the Silicon Valley area to do their building plumbing maintenance and remodeling. This customer alone is expected to do $1 million to $1.5 million revenues in 2018. The company has demonstrated strong growth since the recession, and is expected to grow from $6.2 million revenues with $990K SDE in 2017 to $7.0 million revenues and $1.1 million SDE in 2018. This business is available to purchase for $1.8 million plus Net Current Items (Current Assets minus Current Liabiities) which was $1,350,000 at year end. This consisted of $250,000 cash, $1,500,000 of Accounts Receivable and $400,000 of Current Liabilities. The total project investment would be $1.8 million + $1.35 million = $3.15 million. SBA financing is available with 15% down, 10% seller carry and 75% SBA financing. Total project investment is to be adjusted for actual Net Current Items at closing.


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