Please ensure Javascript is enabled for purposes of website accessibility 32-Year-Old Plumbing Contractor | Wesley Schroeder | Transworld Business Advisors

32-Year-Old Plumbing Contractor

Listing Number: 0101-438421

Description

A true retirement offering, this is a rare opportunity to acquire an established, 32 year leader in the S. FL plumbing contractor space. Approximately 2/3 of revenue from new construction/renovation of commercial and residential properties, approximately 1/3 from service work. Customers include a roster of blue chip G.C.’s and clients in the hospitality, medical, food & beverage and retail sectors. Company culture extolls the latest in technology, equipment, and industry practices. Large fleet of vehicles included in the sale as is working inventory and all furniture, fixtures & equipment. Seller owns real estate and will enter into an initial 3 year lease with Purchaser or, the business may be relocated at Purchaser’s option, post-sale. Comprehensive 3 month Seller transition. Well tenured management team all expected to stay with new owner. Excellent target for investor Visa and potential strategic add- on for company seeking growth. SBA lender prequalified with 10% down.

Listing Details

  • Price: $1,800,000
  • Down Payment: $185,000
  • Sellers Discretionary Earnings: $404,184
  • Total Sales: $2,831,834
  • Location: Palm Beach County, Florida

  • Inventory: $150,000
  • FF&E: $100,000
  • Employees: 29
  • Year Established: 1989
  • Reason for Selling: Retirement
  • Category: Construction
32-Year-Old Plumbing Contractor

Contact Agent:

Wesley Schroeder
Want to save this listing? Sign Up Now