Business Overview

35-Year established residential and commercial plumbing company serving a 50+ mile radius of DFW metroplex is now available for acquisition. This business was established in 1985 by the current owner and has been run as a family-owned business with the current owner and subcontractors as needed. The overall demographics of this business consist of individuals, commercial businesses, and other general contractors from all around DFW metroplex. Various services are provided at this plumbing company that ranges from leaks, a water heater break down, clogs, sewer line smells, slab leaks, damaged water lines, plumbing reroutes, gas line repairs, etc. Gross sales average was $30,000-40,000 per month that has been consistent over the last several years due to its strong customer base that has built over 30 years and exceptional personalized service. Some online marketing is currently done through Facebook ADs and its professionally-made website, but other types of marketing are needed to truly reach out to the communities that will help this business generate much more revenue. The business can focus on traditional marketing by mailing out flyers and working with HOA of the surrounding subdivision. Targeted marketing to commercial businesses also can be a huge benefit to this business since commercial jobs are generally much more profitable than residential jobs. This home-based business has everything from low-overhead, fantastic sales, great margins, and re-locatable at any time since the business doesn’t require to have a physical office.

Listing ID #000995
For more info, please call Kevin Chung at 1-866-519-2421.

Financial

  • Asking Price: $239,000
  • Cash Flow: $181,294
  • Gross Revenue: $412,847
  • EBITDA: N/A
  • FF&E: $20,000
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 1985

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:N/A
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

This business runs as a home-based business with a truck and the physical office is not necessary. (Home Based)

Is Support & Training Included:

The owner will provide sufficient training for an agreed-upon period to make the transition into the business as seamless as possible.

Purpose For Selling:

Relocation

Pros and Cons:

Plumbing business is generally quite competitive, but this business has been operating for over 30 years and has established many repeat customers in B2B and B2C.

Opportunities and Growth:

Since this business is a home-based business, there is no rental cost that synergizes perfectly with the low overhead cost of this business.

Home Based:

This Business Is Home Based

Additional Info

The company was founded in 1985, making the business 37 years old.

Why is the Current Owner Selling The Business?

There are all kinds of reasons people resolve to sell operating businesses. Nevertheless, the true reason and the one they tell you might be 2 absolutely different things. As an example, they may state "I have a lot of other responsibilities" or "I am retiring". For numerous sellers, these reasons are valid. But also, for some, these might just be reasons to try to conceal the reality of altering demographics, increased competitors, recent decrease in incomes, or an array of various other factors. This is why it is very essential that you not depend totally on a vendor's word, yet rather, make use of the vendor's answer along with your general due diligence. This will repaint an extra practical picture of the business's present situation.

Existing Debts and Future Obligations

If the current business is in debt, which numerous companies are, then you will certainly need to consider this when valuating/preparing your deal. Numerous operating businesses borrow money so as to cover things such as supplies, payroll, accounts payable, and so on. Bear in mind that sometimes this can mean that profit margins are too thin. Numerous companies come under a revolving door of taking on debt as a way to pay back various other loans. In addition to debts, there may additionally be future commitments to consider. There may be an outstanding lease on tools or the building where the business resides. The business may have existing agreements with suppliers that should be satisfied or may lead to charges if terminated early.

Understanding the Customer Base, Competition and Area Demographics

How do businesses in the area attract new consumers? Many times, businesses have repeat consumers, which create the core of their daily earnings. Particular aspects such as new competitors growing up around the area, road construction, and also personnel turnover can affect repeat customers and also negatively influence future earnings. One crucial point to consider is the area of the business. Is it in a very trafficked shopping center, or is it concealed from the highway? Clearly, the more people that see the business regularly, the greater the chance to develop a returning customer base. A final thought is the general area demographics. Is the business placed in a densely populated city, or is it situated on the outskirts of town? Exactly how might the local typical household earnings effect future earnings prospects?