Established Plumbing Contracting Business, 38 Years, Remote Management, No Location
Featured on BusinessForSale.com . 4 viewed
Asking Price
$875,000
Detailed Information
Business Description
This established plumbing contracting business, with 38 years of history, is unique in its industry due to its distinctive business model and the owner's enduring passion. The owner, nearing retirement, has expertly managed the business remotely for over two decades, maintaining a strong reputation in the community and a loyal workforce of 17 years. The business is capable of handling both residential and commercial projects, with a track record of successful ventures. With a focus on quality over quantity, the owner strategically declined certain bid opportunities to ensure the business's adaptability and scalability. Operating with a remarkable 45% net profit margin, the business is financially stable with no debts or liens and a credit line exceeding $700,000. The owner is willing to stay on as a consultant post-ownership transfer, offering a smooth transition for the new owner. This opportunity presents a turnkey option for a qualified buyer looking to step into a well-established, remotely managed plumbing contracting business with growth potential and a solid reputation in the market