5-STAR Plumbing, Remodeling Services and Retail– American Midwest
| Asking Price: | $1,375,000 |
| Gross Revenue: | $1,998,526 |
| Rent: | $3,585/Month |
| FF&E: | $275,800 |
| Cash Flow: | $448,510 |
| Inventory: | $120,000 |
| EBITDA: | $312,492 |
| Established Year: | 1993 |
32 years of Excellence in Reliable Service- 100 5-star reviews!
SBA PRE-APRROVED!
Founded 1993, this renowned plumbing firm has delivered fast, reliable service for these two MIDWEST states for over 30 years. The firm’s seven plumbers solve all kinds of everyday problems: broken garbage disposals, clogged drains, sewer work, repair and expertly service and replace both tank and tankless water heaters, sump pumps and more. Known as the neighborhood plumbing experts, the company has almost 100 5-STAR REVIEWS.
The facility is a retail store open to the public (not a wholesale supplier), which also has a showroom with the latest fixtures and finish samples, and a gallery showcasing examples of their renowned, professional installations of the finest products in kitchen and bathroom remodeling. The firm's website details the scale of the team’s remodel project capabilities, but also shows their capabilities as a dealer, installer, and service company for several brands of large plumbing appliances: water heaters, sump pumps, wells pumps, et al.
Services and features: service on all makes and models, drain cleaning, leak repairs, garbage disposals, water softeners, water heater service and replacement specialists for tankless and tank water heaters, sewer and drain cleaning services, line video inspection, sewer line location, inspection, repair and replacement, plumbing fixtures and supplies, underground water and sewer lines, retrofits, certified technicians, planned service agreements.
Company performance is quite consistent. Cash flows, EBITDA and Gross revenues advertised are WEIGHTED. Below are the actual numbers for 2021-2023;
2023 Gross: $1,951,810 Cash Flow: $430,277 EBITDA: $315,979
2022 Gross $2,110,007 Cash Flow: $487,230 EBITDA: $348,975
2021 Gross $1,915,711 Cash Flow: $425,768. EBITDA: $229,063
Real estate can be purchased but it is NOT necessary to acquire the business. The owner's landlord is family, so a lease will be available long-term / indefinitely. Or purchase can be negotiated.
