Highly Profitable Plumbing Business

Internal ID:
Price:
Total Sales:

Seller Discretionary Earnings:
FF&E:

Industry:
Year Established:

Franchise:
Days and Hours of Operation:
Reason for Sale:
Listing Status:

PLUMBING1

$900,000

$1,530,000

$230,749
$200,000

Plumbing
2016

Yes
24/7 and Emergencies
Other Interests
Active

Description:

In operation since 2016, this highly profitable and COVID resistant business has experienced steady growth every year of its operation. The owner has grown from about $133,000 in revenue the first year, to approximately $1.53M in 2021, and the business is up 37% YOY.
With well-maintained equipment and highly skilled personnel, this efficiently operated business is equipped to handle both residential and commercial plumbing to meet the 24/7 needs of the its customers, servicing approximately 2,600 in 2020.
Advantages:
•Highly profitable with great growth potential
•Essential Service Business: resistant to economic downturns
•Fully equipped to service all plumbing needs
•Great reputation in its chosen market, known for integrity and skill
•Superior Web Presence
•Highly skilled seller willing to stay as needed to ensure success
Do not miss this opportunity to own a very successful business in a booming and growing market, with an average of 28,000 people moving to the area annually. Inquire today! SBA Pre-Approved.

Historical Summary:

Seller obtained this business in 2016 and has grown the operation from $133K in revenues the first year to $1.3MM in revenues in 2020.

Competition:

With many competitors in the market area, this business competes on the basis of better service and quality. Although competitive, offers the same level of pricing.

Growth and Expansion:

With an influx of 28,000 persons being added to the market area annually, this essential services business has unlimited growth potential.

Location:

Facilities Description:

North Carolina

This business currently operates in a business park, renting office and warehouse space. 1,500 SF, 50% office, and 50% warehouse.

Owner qualifications:

Business skills, leadership skills, marketing and management. Current owner does not do any work in the field. Knowledge of plumbing is certainly a plus.

Support and Training:

Seller will train a new owner - length of time and salary are negotiable. The franchisor provides initial and ongoing support in marketing, operations, recruiting, sales, finance, training, and more. This includes having an expert on-call to get you through any challenge.