Details - Information last confirmed on June 12, 2021
Outstanding Plumbing Company
Location: Hampton Roads, Virginia
A well-established, profitable company that offers a full line of plumbing sales, installation and repair services to commercial and residential clients. By far, its reputation, quality service and outstanding craftsmanship have enabled it to be eagerly sought after for its services by a devoted customer base for many years. Their business has increased primarily due to the referrals of their existing clients.
Located in a thriving metropolitan marketplace, the business operates in a 7,000 square foot facility in a commercial district. Service offerings include water heater replacement & repair (including tankless), sewer & drain cleaning replacement and water and gas piping. The company is a licensed contractor with master gas fitting certification.
This turnkey business would be a strategic acquisition by a plumbing business or for an individual with license to enable them to immediately capitalize on the loyal customer base and reputation of seller. Upon proper qualification of the potential acquirer, including the customary exchange of financial information and confidentiality agreements, a detailed Confidential Prospectus will be provided. All inquiries will be held in strictest confidence. Reason for sale is retirement.
Purchase Price: $1,095,000
Gross Revenues: $2,616,370
Cash Flow: $279,490
FF&E: $ 375,000 (included)
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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.