Established Plumbing Business, Detroit, MI: Profitable operation with loyal client base.

Featured on BusinessForSale.com . 2 viewed

Asking Price

$925,000

FOR SALE - ACTIVE

Detailed Information

Location

Detroit, Michigan, US

Reason for selling

Not Provided

Real Estate

NA

QUICK STATS

BUYER ANALYSIS

Down Payment

% down

Payback Period

months

Annual Debt Service

% interest, year term

Cash Flow After Debt Service

Debt Service Coverage

x

COMPANY FINANCIALS

Cash flow

(% CF Margin)

Revenue

Furniture, Fixture &
Equipment

Inventory

Show more info

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,

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