Business Description

This thriving plumbing company specializes in working with developers and general contractors, particularly "Neighborhood Production Builders." With a strong backlog of funded projects totaling $90 million over the next 36 months, the company operates within a 60-mile radius of Sacramento, California, servicing six top recurring clients. Boasting a staff of 98 employees, including trained plumbers and field technicians, the business has $1 million in working capital and $1.6 million in equipment, vehicles, and improvements. The owner, who is retiring, plays a passive oversight role and is willing to hold 25% of the $24 million selling price to ensure the company's ongoing success. This non-union shop, with 98 employees and 8 leaders, offers a unique business model, focusing solely on collaborative projects with developers rather than direct homeowner services. The future outlook is promising, with potential growth opportunities in service and maintenance work, as well as expanding commercial projects to target more apartment complexes. Priced at $