What Would You Like To Do This Evening: Work For A Plumber, Or Have A Plumber Work For You?

The Lazy Man’s Or Woman’s Way To Riches

Anyone Can Run This Business From Home, With or Without Plumbing License.
Plus, This Plumbing Business Cost 10 Times (10X) Less Than A Traditional Plumbing Businesses
 
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Contact the Owner/Seller: Jerry Smales at 304-923-2013 if you have any questions or concerns or scroll down to see more:

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Brand New Ford F150 Bought And Paid For With This Plumbing Business

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Business Description

Profitable & Easy-to-Manage

 
Anyone can make this business work. I started this business by accident. Especially if you’re a licensed plumber, you should take advantage of this deal. I had to turn down several well paying commercial jobs because I do not have a plumbing licensed. I never planned on owning a plumbing company.
 
And that’s just the beginning. 
 
This plumbing company is a growing, 1-year old commercial and residential plumbing service. I can help you set this company up at your current location. The company has a specialty quality niche, but also does general plumbing work.

An ideal new owner would be a skilled general manager, someone who can provide sound financial management, oversee a team of employees and is adept at leveraging the company’s current customer relationships to further grow this dynamic firm.

The company has a premium list of large and high-value clients whose identities will be shared only with a serious prospective buyer at the time an offer is accepted for the business. Current customer influx is from brand new emergency plumbing service needs.

The owner founded the company in 2018 with no plumbing background but now wishes to sell to start a business in an online marketing company. He has a sales and military background. Approximately 20% of the current sales volume is commercial and 80% is residential.

The owner is not a tradesman and has built his company so that the company’s team of employees is largely responsible for running day-to-day operations with little owner direction. There is only one master plumber on the payroll, but the typical plumbing service call does not require a master plumber and the company’s specialty work does not require any plumbing license at all.

The company provides a basic emergency plumbing service needed by every commercial and residential property owner. One key area identified as an attractive market to pursue is preventive maintenance contracts. Preventive maintenance represents less than 10% of the company’s revenues but the owner feels this area is greatly under-serviced in the market. It also helps the company fill in the slower times by doing this type of service work when the company is not rushed.

At its current location, with its population of about twenty thousand, is growing rapidly, but would be much more profitable in a larger metropolitan area, and almost all economic signs today point to a continuing increase in demand for plumbing contractors in general as well as for the specialty niche service of this company.

Annual net sales have grown an average of 27% month-over-month thought 2018 to 2019, and the company’s profit margin has remained steady at around 10-11% of annual sales.

This is a type of business that would best be led by an owner with plumbing license. Although not necessary, a plumber without license will do well also. This company will keep doing well with a manager who builds relationships with repeat clients. The opportunity is significant here.

 
Jerry Smales

Business Owner

Jerry Smales

 

Asking Price: $150,000 (Negotiable and Customizable)

 

Cash Flow: $30,000

 

Gross Revenue: $70,000

 

EBITDA: $45,000

 

FF&E: $30,000

 

Inventory: $15,000*

 

Rent: $0 /Month

 

Established: 2018

*not included in asking price.

Business Owner

Jerry Smales

Business Owner
Highly Lucrative

Mountaineer Plumbers

Highly Lucrative

Detailed Information

Inventory:
May or May Not Be Included With Asking Price
Real Estate:
Doesn’t Come With Sale: Home Base Headquarters/Business Is Ran From Home
Building SF:
Home Base Headquarters/Business Is Ran From Home
Lease Expiration:
Home Base Headquarters/Business Is Ran From Home
Employees:
1/4 Contractors
Furniture, Fixtures, & Equipment (FF&E):
Home Base Headquarters/Business Is Ran From Home
Facilities:
Home Base Headquarters/Business Is Ran From Home
Competition:
There are many local “competitors,” but few who have the ability to compete against this home base business. The competitors are nearly all local your local companies.
Growth & Expansion:
The business has grown rapidly from its founding 1 year ago. One big potential new opportunity for further expansion is to begin selling preventative maintenance contracts for the specialty niche service this firm provides.
Support & Training:
Seller is available to train and assist new owner as needed for one year FREE of charge. 
Reason for Selling:
The owner wants to change industries and start a new business from scratch.

 

Contact the Seller

Jerry Smales at 304-877-1254
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Master Plumber

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