Business For Sale Listing 122483
Plumbing and Water Heater Service
Status as of Nov-19-2008 at 06:05 PM: Active
Business Summary
Great opportunity to have a Home/Office and successful Small Business in the Monterey Bay area!!
The cash flow from the plumbing business pays for the home. Successful plumbers and business owners in other parts of California will jump on this opportunity. Who wouldn't enjoy living and working in the Monterey area?
This successful plumbing business in the Monterey Bay area has been owned by the founder for 25 years. The business specializes primarily in plumbing repairs and water heater service.
Repairs: Replacement of water, gas, drains and vent lines.
Fixtures: Faucets, sinks, toilets, garbage disposals, water heaters, dishwashers
Water Heater Service: prolong life expectancy, increase energy efficiency and eliminate cause of noise and smell.
The business was established by the current owner in 1984 and has been built on referrals and word of mouth. Customers are dependable and most pay with in 10 days with a few on 30 day terms. The software used to manage the business is Quick Books. It is used for all parts information, customer invoicing and reports such as P & L, Sales Tax, Payroll and Customer Information. The business accountant has worked closely with the owner to set up account codes specifically for this business. The owner has slowed down over the past few years and is doing less labor in the field. Employees do most of the field labor and the owner spends more time on bids and customer service. The customer data base contains 800-1,000 clients. An aggressive new owner can find many growth opportunities in both the residential and commercial markets. The seller is flexible on the transition and will provide input and referrals for growth opportunities. The growth of Cal State University Monterey Bay adds to the business opportunities in the area.
Categories
Industry
Location
Financials
| Sales: |
Between $100 Thousand And $500 Thousand ($253,000) |
| Profits: |
Under $100 Thousand ($83,000) |
| Profit Type: |
Seller's Discretionary Cash Flow (SDCF) |
| Asking Price: |
Between $100 Thousand and $500 Thousand ($308,000) |
