Established Wake County Plumbing Company

Price: $2,100,000

Location: Wake County

Industry: Plumbing

Listing ID: 16960351-NI

Listing Status: New

Description

As a $159B industry sector, the Hardware, Plumbing & HVAC Distributors category is a perennial favorite for business owners/investors seeking reliable service businesses that are the cornerstone of construction infrastructure. This business is a rare opportunity in that sector to take step into a decade plus history of hard work and a great reputation.

Positioned for a seamless transition, this cash-flow-positive residential plumbing contracting company comes with a loyal client base, seasoned crews, and a management team. It offers flexibility for geographic expansion to entrepreneurs or can serve as an attractive acquisition for larger organizations looking to bolster their plumbing portfolio. With a solid foundation and lucrative potential, this opportunity awaits a new owner operator or savvy investor ready to take the reins of a thriving enterprise.

Business Highlights:

- Licensed and Insured (Owner may need to bring or hire for a Plumbing-Class I Contractor's license)
- More than a dozen vehicle fleet plus excavators and more
- Diverse customer base, intentional avoidance of customer concentration
- Client base that pays on time of Residential home builders
- Tenured and cross trained crews and a management team that can operate with owner supervision

Submit an inquiry through the contact form for an instant NDA and connect with a VR representative to confirm you're a real person/short phone call to receive the business report. Full tax returns are available with an accepted offer.

LISTING DETAILS

Down Payment: N/A

Total Sales: $4,500,000

Cash Flow: $803,000

EBIT: N/A

EBITDA: N/A

Accounts Receivable: N/A

FFE: N/A

FFE Included: Yes

Inventory: $40,000

Inventory Included: Yes

Operation

Year Established: 2011

Non-Owner Payroll: N/A

Employees: 19

Managers: 1

Absentee Owner: No

Security on Lease: Yes

Location

Real Estate: N/A

Real Estate Included: No

Monthly Rent: $5,000

Type of Location: Industrial Park

Square Footage: 5000

Relocatable: No

Summary

Facilities Information:

Full fleet of work trucks/vans, excavators, forklift, and assorted construction equipment.

Reason For Sale:

Retirement

Training & Support:

2 weeks

Owner Qualifications:

Licensed Plumber

Potential Growth:

This firm is prepared to expand beyond the Triangle market and has capacity in it's warehouse for more crews.

LISTING OWNER