Business For Sale Listing 151485
Highly Profitable Plumbing and Heating Company
Status as of Nov-22-2008 at 06:00 PM: Active
Business Summary
This home-based business has been providing quality plumbing and heating services to a San Luis Obispo County coastal community since 1981. After so many successful years, the seller is ready to retire – and has actually been turning work away! That makes this a terrific acquisition opportunity for another firm or for someone employed in this (or a related) field who has been thinking of striking-out on his/her own.
All the hard work of building a profitable business and establishing a solid reputation has been done. This company is prepared for an active and busy future under new ownership; it's a great opportunity to take over a profitable business with an excellent reputation and customer base. The seller will also aid the new owner to establish contacts with current suppliers, customers, etc. during the transition period.
Because this business is so well-established and reputable, much of the work comes from repeat customers and referrals. (A good reputation is invaluable – particularly for small businesses which depend upon a high percentage of repeat customers and referrals to new ones.)
The seller does not work on new construction jobs; instead, he works in the service and remodeling fields (which typically have a higher billing rate and are more profitable). And although the owner has chosen to focus on residential work, commercial work is definitely an avenue for a new owner to consider. A new owner can begin to grow this business almost immediately by accepting some of the work that the seller now turns away or is not actively seeking, adding commercial work, expanding the overall sphere of operations, etc. In other words, there's lots of opportunity for a new owner who would like to grow the business and increase revenues. Or, just run things "as is" and you can make a very respectable income.
Categories
Industry
Location
Financials
| Sales: |
Between $100 Thousand And $500 Thousand ($168,000) |
| Profits: |
Under $100 Thousand ($95,000) |
| Profit Type: |
Seller's Discretionary Cash Flow (SDCF) |
| Asking Price: |
Between $100 Thousand and $500 Thousand ($139,000) |
