Profitable Home - Based Plumbing Business
Location California,United States
Asking Price Range < $250K
Gross Revenues $168000
Net Profit / Cash Flow $95000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1981
Number of Employees 1 - 3
Inventory $9000 inventory.
Relocatable Yes
Number of Employees 1 - 3
Real Estate Owned
Training Yes.
Reason for Sale Retirement.
Description This business has been providing quality plumbing and heating services to a San Luis Obispo County coastal community for over 26 years. After so many successful years, the seller is ready to retire - that makes this a terrific opportunity for someone who has been thinking of striking-out on his/her own. All the hard work of building a profitable business and establishing a solid reputation has been done. This company is prepared for an active and busy future under new ownership; it's a great opportunity to take over a profitable business with an excellent reputation and customer base. The seller will also aid the new owner to establish contacts with current suppliers, customers, etc. during the transition period. Because this business is so well-established and reputable, much of the work comes from repeat customers and referrals. (A good reputation is invaluable - particularly for small businesses which depend upon a high percentage of repeat customers and referrals to new ones.) As a result, the owner now only advertises in Yellow Page directories.
The seller does not work on new construction jobs; instead, he works in the service and remodeling fields (which typically have a higher billing rate and are more profitable). And although the owner has chosen to focus on residential work, commercial work is definitely an avenue for a new owner to consider. This business has excellent books and records, and the seller will consider carrying a note for a qualified buyer. Asking $139,000. Contact for more information on this Plumbing business for sale.
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