Established Plumbing Business, Detroit, MI: Profitable operation with loyal client base.
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Asking Price
$925,000
Detailed Information
Detroit, Michigan, US
Not Provided
NA
Business Description
This established business in the plumbing and pipefitting industry, located in Detroit, Michigan, has a team of 11 members serving a client base across various sectors such as industrial, healthcare, and municipal services. The majority of their services are in plumbing, making up 75% of their operations, with pipefitting accounting for the remaining 25%. The business is strategically positioned between Ann Arbor, Flint, Detroit, and Toledo for optimal access to clients. With a strong foundation of repeat customers, the business is seeking a strategic buyer to take over and facilitate further growth. The current owner plans to remain involved for 2-3 years to ensure a smooth transition. The company has a significant backlog of $1,000,000 and $600,000 worth of new projects in the pipeline. Offered at $925,000, the purchase includes all assets required for operations and expansion, presenting opportunities for increasing the client base and revenue through marketing efforts. The business operates from a 5,