Business Overview

The company is a well established, turnkey operation providing commercial and residential plumbing work in the Portland metro area. With the solid backlog of work and with a shortage of plumbers, this is a unique opportunity to expand an existing HVAC, Plumbing, or Electrical business.

The company has been around for over 20 years and has 8 licensed journeyman plumbers. The company is not overly owner dependent and there are systems and procedures in place for scaleable growth.

Financial

  • Asking Price: N/A
  • Cash Flow: $203,051
  • Gross Revenue: $2,521,824
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: $75,000
  • Inventory Included: Yes
  • Established: N/A

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:16
  • Furniture, Fixtures and Equipment:N/A
Is Support & Training Included:

The owner is willing to assist with a smooth transition.

Purpose For Selling:

The owner wants to explore other opportunities.

Additional Info

The sale will include inventory valued at $75,000, which is included in the requested price.

Why is the Current Owner Selling The Business?

There are all kinds of reasons people decide to sell companies. Nonetheless, the genuine factor vs the one they tell you may be 2 completely different things. For instance, they might state "I have a lot of other commitments" or "I am retiring". For lots of sellers, these reasons stand. But also, for some, these may just be excuses to attempt to conceal the reality of transforming demographics, increased competitors, recent decrease in earnings, or a variety of other factors. This is why it is really vital that you not rely absolutely on a seller's word, yet rather, use the seller's solution combined with your overall due diligence. This will repaint a more practical picture of the business's present situation.

Existing Debts and Future Obligations

If the current entity is in debt, which many businesses are, then you will certainly have reason to consider this when valuating/preparing your deal. Numerous operating businesses take out loans in order to cover points such as inventory, payroll, accounts payable, and so on. Remember that occasionally this can indicate that profit margins are too thin. Lots of companies fall under a revolving door of taking on debt as a way to pay back various other loans. Along with debts, there may additionally be future commitments to consider. There might be an outstanding lease on equipment or the structure where the business resides. The business may have existing agreements with suppliers that have to be satisfied or may cause charges if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do companies in the location bring in brand-new clients? Many times, companies have repeat customers, which develop the core of their everyday revenues. Certain variables such as brand-new competition growing up around the area, roadway building and construction, and also employee turnover can affect repeat clients and negatively impact future revenues. One essential thing to think about is the area of the business. Is it in a very trafficked shopping center, or is it hidden from the highway? Obviously, the more individuals that see the business on a regular basis, the better the chance to construct a returning client base. A last thought is the basic location demographics. Is the business placed in a largely inhabited city, or is it located on the edge of town? How might the local typical family earnings impact future earnings prospects?