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Details - Information last confirmed on June 21, 2021
A well-established and very profitable plumbing and related services company with real estate located in Montgomery County, PA is for sale. The company serves a diverse mix of both residential and commercial customers, with several recurring commercial accounts. The company has a seasoned staff of professionals, including two employees that have a Master Plumber license. A new owner would not have to be a plumber to effectively learn and run this company. The current owner wishes to retire and believes the company is best suited to continue thriving under new ownership.
This opportunity has been prequalified for a Small Business Administration (“SBA”) bank loan. The total sale price of $1,175,000 for the business and real estate can be financed with a $127,500 cash down payment. Based on historical data, a new owner/operator would generate an annual net income of approximately $190,000 after making principal and interest payments to the bank. The loan amount includes bank closing costs and working capital.
Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.