Experienced Family-Owned Plumbing Company Serving Hampton Roads' Comme

Norfolk, VA
Asking Price:$500,000
Gross Revenue:$563,000
Rent:$12/SF/Year
Established Year:2002
Cash Flow:$540,000
Inventory:$2,000
FF&E:$60,000
BUSINESS DESCRIPTION

Profitable Plumbing Business for Sale in Norfolk, Virginia

Profitable Plumbing Business for Sale in Norfolk, Virginia

Here’s an excellent opportunity to acquire a well-established plumbing business with a proven track record of success in Norfolk, Virginia. With over 20 years of service in the area, this business is known for its outstanding reputation, loyal customer base, and consistent word-of-mouth referrals. Most of the business comes from repeat clients, offering a new owner an immediate and steady stream of work.

Key Highlights:

- Established Customer Base: A loyal and extensive client list developed over two decades, ensuring continued business through repeat customers and referrals.

- Solid Reputation: Known for its reliability, trustworthiness, and high-quality service, reducing the need for active advertising efforts.

- Turnkey Operation: Sale includes a fully equipped work van, all necessary plumbing tools, and inventory, allowing the new owner to begin operations immediately.

- Growth Opportunity: Perfect for an experienced plumber looking to expand, or an existing plumbing business seeking to grow its footprint in a high-demand market.

The current owner is retiring and is willing to assist with the transition to ensure a smooth handover. Financial information is available to qualified buyers. Don’t miss out on this profitable, low-risk business with significant potential for continued success!


DETAILED INFORMATION
Location
Norfolk, VA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
4,000
Employees
2
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Inventory and FF&E included in the asking price. Seller owns the real estate and will lease to Buyer.
Competition
Wright-Way Plumbing operates in a competitive Norfolk, VA market with strong demand driven by the city’s aging infrastructure, population growth, and new construction. Competitors include established local companies, larger chains, and independent contractors. Wright-Way's key advantages are its 20+ year reputation, loyal customer base, and personalized service, setting it apart from impersonal national brands. Opportunities for growth include expanding into commercial services, new construction, and eco-friendly plumbing solutions.
Growth & Expansion
Growth & Expansion Pros: Expanding into commercial services and new construction can diversify revenue and strengthen brand recognition. Cons: Expansion requires investment and could strain resources or dilute service quality.
Financing
None.
Reason for Selling
Retirement
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chanda chann
chanda chann