Residential & Commercial Plumbing Service, Over 40-Yrs, Strong Profit, Licensed Seller Wanted - Plumbing Service, 40-Yr+, Strong Profit
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Asking Price
$2,325,000
Detailed Information
Business Description
This established plumbing service company has been operating for over 40 years, serving both residential and commercial clients with repair, replacement, and installation needs. With $750,935 in revenue and $290,719 in operating profit as of 6/30/24, the company maintains a strong financial position. The majority of its work, around 80%, is focused on residential projects, and it enjoys a loyal customer base, resulting in a steady stream of repeat business that sustains its profitability without heavy reliance on new clients. Prospective buyers interested in purchasing this reputable plumbing service company must possess the necessary license, as the seller requires this for the business transfer process. The seller is planning to exit the business following a brief transition period. With a solid operating profit of 44%, the company presents a lucrative opportunity for those in the plumbing industry seeking a well-established business with a history of success. This sale offers a chance to take over an established operation with a strong financial performance and a loyal customer base