Plumbing Contracting Business, Established 38 Years

Featured on BizBuySell.com . 5 viewed

Asking Price

$875,000

FOR SALE - ACTIVE

Detailed Information

Location

Harris County, TX (Relocatable)

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

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Business Description

For sale is a long-standing and successful plumbing contracting business with a unique business model and a stellar reputation built over 38 years. The owner, who is nearing retirement, has managed the enterprise efficiently for the past two decades with limited involvement. The business caters to residential, construction, and commercial projects, boasting a loyal clientele and a reliable workforce of 17 years, making it fully operational remotely. With a strong financial position and the potential for expansion, this opportunity presents a rare chance for a qualified buyer to step into a flourishing enterprise. The business has maintained a remarkable 45% net profit margin, with no debts and a healthy credit line exceeding $700,000, showcasing a sound financial management strategy. Operating as a sole proprietorship, it offers transparency in its financial details for interested buyers. The owner is willing to provide consultation post-sale to ensure a smooth transition, and there is a possibility of owner financing for a suitable candidate. The low monthly rent and the prudent cash-based approach to expenses

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Listed By:

Name : Vested Business Brokers, Ltd

Phone Number : Show Phone number

Vested Business Brokers, Ltd typically replies in about 7 minutes

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