Highly Reputable Plumbing Business

$260,000

Business description

Approaching 30 years in business servicing 6000-7000 clients from Yarmouth to Wiscasset to Livermore Falls and other surrounding areas. Services include drain line service, remodels, home and camp winterizations and openings. They clear minor toilet and sink clogs to main drain lines. They repair and install new faucets and tub/shower valves as well as installs water pumps, sewage pumps, and sump pumps. This business welcomes anything from small repairs to light bathroom and kitchen remodels. They have an outstanding reputation and have a A+ rating with the Better Business Bureau for over 10 years. With a reputation of quality they have a high volume of loyal customers and receive many referrals. This business is prime for growth as they cannot keep up with the demand and currently pass on business to friendly competitors. $18,000 worth of inventory is included in sale. Additional seller’s inventory must be bought at time of closing.
Craig Church Listing Agent

Craig Church

office: (207) 774-7715
cell: (207) 318-6498

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  • Asking price $260,000
  • Cash flow $88,241
  • Gross Revenue $403,532
  • EBITDA N/A
  • FF&E $265,000 (included in asking price)
  • Inventory N/A (included in asking price)
  • Lease Rate $1,000 / Month
  • Established 1987
  • Real Estate Leased
  • Building SF N/A
  • Lease Expiration N/A
  • Employees 5 FT
  • Competition The company's excellent repuation keeps them competitive within the market. They are currently referring business to other plumbing companies due to high demand for their services. This could be remedied by hiring more technicians.
  • Growth & Expansion To continue the business and increase growth, more technicians would need to be hired to do the work that is currently passed on. Some of that work is bigger remodels, heat work, carpentry, electrical, and septic pumping. Solar power is here and growing. Heat pumps are also a grown trend. Both are worth getting into.
  • Reason for Selling Retiring