High-End Quality Plumbing Service Business
North Carolina
| Asking Price: | $2,200,000 |
| Inventory: | $13,000 |
| EBITDA: | $387,030 |
| Established Year: | 2009 |
| Gross Revenue: | $2,937,103 |
| Rent: | $2,900/Month |
| FF&E: | $400,000 |
Listing ID: 2258783Listing provided by BizBuySell
BUSINESS DESCRIPTION
A service that not only meets your needs but consistently exceeds them
Emerging from the economic turmoil of the late 2000s, this plumbing enterprise was born out of resilience and a pursuit of excellence. The founder, driven to delivering top-notch service, laid the foundation for what would become a beacon of reliability and quality in the plumbing industry. Transitioning to a flat rate pricing model ensured transparency, eliminating the common frustrations associated with fluctuating costs.
DETAILED INFORMATION
Location
North Carolina
Inventory
Included in asking price
Real Estate
Leased
Building SF
2,500
Lease Expiration
30/11/2024
Employees
12
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Owned excavation equipment, including a trackhoe, a trailer, and a tractor, all of which are leased and nearly 50% paid off. 11 trucks displaying the brand. We also have an inventory of water heaters and plumbing stock valued at approximately $13,000.
Competition
Employment in North Carolina's plumbing sector benefits from various vocational training programs and apprenticeships aimed at addressing the skills gap. Local plumbing companies, ranging from small family-owned businesses to larger firms, compete to provide tailored services to both urban and rural communities. These training initiatives help maintain a steady influx of skilled workers to meet the state's diverse plumbing needs.
Growth & Expansion
Potential for expanding market share and influence within its geographical area and adjacent cities., that comes with risk of overextending resources to maintain satisfaction at all costs.
Financing
Seller financing available
Support & Training
Owner is willing to say on after the transition for 6-12 months to teach the new owner how the operations works.
Reason for Selling
After 35 years in the plumbing trade looking for a freedom and a change of pace
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