Business Overview

The business has grown exponentially over 2020 and 2021.

Well established Plumbing Business with 20 years in business! Adjusted Net Profit of $174,000 in 2020.

The business is relocatable within Austin to meet the buyer’s needs. No lease, minimum overhead and potential for growth and more business.

Financial

  • Asking Price: $225,000
  • Cash Flow: $174,403
  • Gross Revenue: $212,003
  • EBITDA: N/A
  • FF&E: $9,000
  • Inventory: $6,000
  • Inventory Included: Yes
  • Established: 2000

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 is a home based location. Seller is active in the business with hours of operation 8am to 5pm Monday through Friday. Texas Plumbing License is required. $6,000 in Inventory and $9,000 in FF&E included in asking price.

Is Support & Training Included:

10 days

Purpose For Selling:

Seller wants to retire

Additional Info

The venture was established in 2000, making the business 22 years old.
The deal will include inventory valued at $6,000, which is included in the listing price.

Why is the Current Owner Selling The Business?

There are all kinds of reasons individuals resolve to sell operating businesses. Nevertheless, the true factor and the one they say to you may be 2 completely different things. For instance, they might say "I have too many various obligations" or "I am retiring". For numerous sellers, these reasons are valid. But also, for some, these may simply be excuses to try to hide the reality of transforming demographics, increased competitors, current decrease in incomes, or a variety of various other factors. This is why it is really crucial that you not rely entirely on a seller's word, however instead, make use of the vendor's answer together with your overall due diligence. This will repaint a more sensible image of the business's present scenario.

Existing Debts and Future Obligations

If the existing business is in debt, which many companies are, then you will have reason to consider this when valuating/preparing your deal. Lots of businesses finance loans with the purpose of covering items such as inventory, payroll, accounts payable, and so on. Keep in mind that occasionally this can mean that revenue margins are too small. Numerous businesses fall under a revolving door of taking on debt as a way to pay back various other loans. In addition to debts, there may also be future commitments to think about. There might be an outstanding lease on equipment or the building where the business resides. The business might have existing agreements with suppliers that need to be met or might lead to penalties if canceled early.

Understanding the Customer Base, Competition and Area Demographics

How do businesses in the location attract new clients? Often times, companies have repeat consumers, which create the core of their day-to-day revenues. Specific aspects such as new competition sprouting up around the area, roadway building, as well as personnel turn over can influence repeat consumers as well as negatively affect future earnings. One crucial thing to think about is the placement of the business. Is it in a highly trafficked shopping mall, or is it hidden from the main road? Clearly, the more people that see the business regularly, the higher the chance to build a returning customer base. A last idea is the general area demographics. Is the business situated in a largely populated city, or is it situated on the outside border of town? Just how might the local mean household earnings impact future revenue potential?