30+ Year Plumbing Business with Solid Clientele Base
United States, Florida, Miami Dade
Asking Price:
$650,000
Cash Flow:
Cash Flow (SDE) - The total financial benefit a single owner gets annually, calculated by adding back the owner's salary, perks (like personal use of cars, travel), non-cash expenses (depreciation), interest, and one-time costs to the pre-tax profit. Seller's Discretionary Earnings, or SDE provides buyers with a clearer picture of the business's true cash flow and earning potential.
$246,004
Gross Revenue:
$820,022
Location (Area):
1200
FF&E:
FF&E (Furniture, Fixtures, and Equipment) refers to all the movable, non-structural assets used in the business, such as desks, computers, machinery, shelves, and decor, which are included in the sale to keep the business operational and functional for the buyer.
$100,000
Plumber Contractor Serving South Florida for 30+ Years
A profitable and well-established plumbing business serving residential and commercial clients for over 30 years. The company offers a wide range of services, from installing and repairing plumbing fixtures to maintaining and servicing plumbing systems, remodeling and upgrades, and specializing in new construction. The business has a solid clientele base and a robust online presence. It is a turnkey operation and includes all assets, including four vans with low mileage.
The seller is open to qualifying the buyer if needed.
Detailed Information
Category:Special Trades
Employees:7 - Full-Time, 0 - Part-Time
Facilities:The facility comprises a 200 square-foot office space and a 1,000 square-foot warehouse. The monthly rent is $1,800, and the lease contract expires in December 2023. The premises provide ample office space, storage facilities, and parking for service vehicles
Relocatable:Yes
Home Based:No
Market Notes:The business serves a diverse customer base throughout Miami-Dade and Sarasota counties, focusing on new construction.
Growth Notes:The expansive market consistently demands plumbing services driven by ongoing construction projects, home renovations, and routine maintenance needs. Strong customer relationships have led to repeat business and referrals. The plumbing industry in South Florida is thriving due to factors such as population growth, rising construction, and warm climate. The industry remains recession-proof, with high demand for plumbers contributing to a shortage of professionals in the area. This business is well-positioned to capitalize on these favorable market conditions.
Support Training:The seller will provide 30 days of training to the new buyer at no cost. Also, he is open to continuing with the new owner as a license qualifier and/or advisor.
(954) 596-8060
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