Plumbing Residential Contractor Est 75 years

Listing Number: 6401-883386

Description

Very established plumbing service contractor 75% res/25% comm, servicing customers from Delray to Palm Beach Gardens for more than 75 years. This business is backed by well-known name and touts' solid financials. 2 journeymen plumbers perform bulk of service calls. Currently they only make calls Mon-Fri with emergency service for established clients after hours, weekends and holidays. Room for expansion to expand after-hours calls. 3 equipped newer vans. Trademark included as a license for the current service area and available for purchase if desired. Seller will transition for 4 weeks! Seller will offer new lease at a great rent on a main road through the heart of Palm Beach County. Service area includes regular customers throughout Palm Beach County. All W2 employees. Financials include hiring office manager/bookkeeper to replace seller's wife. Annualized 2019 from actual Jan-Jul P&Ls. Seller will qualify business for a fee after transition.

Listing Details

  • Price: $329,999
  • Down Payment: $129,999
  • Sellers Discretionary Earnings: $153,879
  • Total Sales: $456,854
  • Location: Palm Beach County, Florida

  • Inventory: $2,000
  • FF&E: $20,000
  • Employees: 2
  • Year Established: 1954
  • Reason for Selling: Retirement and Relocation
  • Category: Construction
Plumbing Residential Contractor Est 75 years

Business Listed By:

Erin Crawford