Business Description

This established plumbing and pipefitting business based in Detroit, Michigan has a dedicated team of 11 members serving repeat clients in various industries, mainly specializing in plumbing services. The company is strategically located in a central hub between major cities and is looking for a new owner to continue its growth. With a strong backlog of $1,000,000 and $600,000 worth of new projects in the pipeline, there is great potential for expansion. The business operates out of a 5,000 sq. ft. facility, offering both shop and office space at a competitive monthly rate. The current owner is willing to stay on for 2-3 years to facilitate a smooth transition and assist in business growth. With a valuation of $588,297, including assets like vehicles, equipment, and a working capital of $247,709, the company is priced at $925,000 and presents an opportunity for a significant return on investment. New ownership can take advantage of the established client base and pursue