Plumbing Co Valley Area of LA . Truck and all Gear Incl

Home / Listing / Plumbing Co Valley Area of LA . Truck and all Gear Incl

Background

BizEx ID:BizEx1429-DH
General Location:Northridge, CA
Category: Construction
Business Services
Years in Business:44
Under Present Owner:44
Hours of Operation:M-F 8a-5p
Owner Hours:8a-5p
Training:4 weeks @ 20 hours
Organization Type:Sole proprietor
Lease Expiration:
Lease Options:
Building Size:
Employees:2
Reason for Sale:Retirement

Financials

Asking Price:$390,000
Down Payment:Negotiable
Gross Sales:$275,000
Discretionary Cash Flow:$220,000
FF&E:$100,000
Inventory Included?Yes
Inventory:$32,000
Min. Operating Capital:
Real Estate Available?Yes
Rent:
Payroll:$6,000
Financing:Other

Description

Extensive Inventory and custom, well stocked, custom truck ensures no need for trips to get supplies. Inventory and assets are worth well over $100,000.  The entire operation is well organized from the scheduling, inventory, books and records, and processes. Please note, it will take an experienced plumber or general contractor to operate this business successfully.

Plumbing company with solid, loyal client base keeps revenue flowing.  Opportunity for expansion on top of large base of extremely loyal residential and commercial customers.  

Company has built a strong reputation by providing good service at fair pricing and standing by their work.  

Most customers do not ask for a bid.  They are asked to perform the service and bill.  Most new business is from referrals.    Client base is very loyal and continues to refer new business year after year.  They do a good job of explaining the issues, problems and solutions to fix and maintain.  This gives clients a sense of understanding about the solutions, generating strong loyalty and repeat business.  

The owner is very well organized and every aspect of the business is well planned and efficient.  Equipment is clean and in great condition.  Inventory is well organized.  Truck is well stocked and well organized.  Books and records are well organized.  The company is up to date with all the latest equipment, inventory and procedures for providing efficient and effective solutions for their clients.  

For more information, please complete the BizEx Buyer Registration

at https://www.bizex.net/buy-business/register. After Registration, Eric Mellem

and Dan Higgins can assist with any questions.


Download Setup Sheet



Disclaimer: The information herein is furnished by the seller; BizEx has not verified this information and makes no representation or warranty as to its accuracy, completeness, or authenticity. Future earnings may differ from past earnings. Discretionary Earnings is defined as earnings before deducting interest, taxes, depreciation, and amortization, and adding Owners salary, benefits and non recurring expenses.




Dan Higgins
Marketing Consultant License #02114580
100 Wilshire Boulevard, Suite 700
Santa Monica, CA 90401
Office: (310) 882-2200 ext 166
Direct: (714) 719-1809
Lic#: 02114580




Eric Mellem
Business Broker/ M&A Advisor
100 Wilshire Boulevard, Suite 700
Santa Monica, CA 90401
Office: (310) 882-2200 ext 146
Direct: (310) 293-6414
Lic#: 1220802

Logos Member of the California Association of Business Brokers Member of the International Business Brokers Association Member of the M&A Source Holder of the Merger & Acquisition Master Intermediary designation, M&A Source's highest qualification Holder of the Certified Business Intermediary designation, IBBA's highest qualification Holder of the Certified M&A Professional designation from Coles College Trained by the National Association of Certified Valuators and Analysts to conduct business valuations