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Apr 25, 2019 — This well-established Company has provided superior and dependable replacement of residential plumbing pipes from the start to finish and beyond for each job. Not only does the business have a list of happy customers, it also has a successful turnkey operation with a good reputation, consistent revenues and excellent profit margins. The Company is also known for re-walling after the pipe replacements are complete, receiving numerous compliments for wall-texturing capabilities by customers with high-end homes. The expertise comes from a commitment to high quality, dependable service and years of experience in this specialty, making the Business the market leader in the greater Los Angeles area. Services include but are not limited to Copper Re-piping, Pipe Bursting, Hydro Jetting, Pipe Repair, Leak Detection, Leak Fix Re-piping, Trenchless Sewer Piping and camera inspections. Homeowners are the Business’s primary customers. The company does few commercial jobs, but they are quite capable should the opportunity arise.
NDA required for release of detailed CIM. Representatives respond timely to all inquiries. We look forward to supporting your business endeavors and being a part of your success.
Facilities: Are based in a 2,200 square-foot residential property used for storage and staging. The Seller’s own the property which can be purchased separately or leased by a Buyer.
Competition: Plentiful but does not deter from profitability.
Growth & Expansion: Radio advertising was extremely effective and contributed directly to higher sales, so running more ads would be beneficial. A buyer could also benefit from hiring a sales force to bring in new business. Currently, the Seller, who wears many other hats, is the only person actively bringing in new business. Developing social media campaigns would help too.
Support & Training: Seller will provide training /transition of office policies and procedures for 2 weeks and 20 hours per week but is willing to stay on for up to 6 months at 20 hours per week if compensated fairly.
Reason for Selling: Retirement
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