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Well Established, Profitable Plumbing Contractor

#27010
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Jeannette026-FINAL 4 LIGHT GRAY

Jeannette Engel
Union Bay Group
(206) 783-1717

Business Overview

This listing is for a well-established and highly profitable plumbing contractor that is available to a qualified buyer. Located in Madison area, this business offers a buyer a strong, six-figure yearly income and they?ve been an established fixture in their marketplace for over two decades. They specialize in maintenance, repair, installation, commercial construction and service work with a steady and loyal base of customers. They specialize in routine maintenance, water heaters, sinks, faucets, toilets, tubs, gas lines, new construction (light commercial & residential), garbage disposals, clogged drains and much more. Basically, everything one should expect from a successful plumbing contractor. The business has a terrific reputation in their marketplace with both their residential and commercial customers. In fact, 20% of their business comes from restaurants around the Madison area with whom they have developed a great professional relationship and they also perform a little new construction work as well. While they have a large base of clientele, their staff is also well-regarded and have been with the company for some time (over 10 years). Their employees are experienced, qualified, long-standing techs. In addition to the owner?s cash flow of over $250,000/year, over $150,000 in asset value is to be transferred with the business sale. This does NOT include their real estate which is valued at $320,000 and is available separately from the asking price of the business. If you would like more information about this business, or if you would like to schedule a site visit, please contact the agent either online or by phone. Online inquiries will be replied to with an NDA attached. These can sometimes get filtered into junk/spam folders. If you do not hear back from us within 24 hours, please contact the agent by phone.

Listing Details

  • SIC

    17, 76, 89

  • Price

    $755,000

  • Downpayment

    N/A

  • Adjusted Net

    $256,989

  • Annual Sales

    $951,187

  • Area

    Upper Midwest (WI, MN, ND, SD)

Relocatable

Home Based

Franchise

Lender Pre-Qualified

  • A/R

    N/A

  • Inventory

    $35,000

  • FF&E

    $28,000

  • Leasehold

    N/A

  • Vehicles

    $92,000

  • Real Estate

    N/A

  • Other Assets

    N/A

  • Total Assets

    N/A

  • Included

    N/A

  • Current Liabilities

    N/A

Contact us about this listing