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Listing Details - Profitable Plumbing Company in Niche Market
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Profitable Plumbing Company in Niche Market
(Construction Related, Contractors-Plumbing & Heating)
Garland County, Arkansas - Arkansas, Garland
| Seller Financing: |
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| Lender Pre-Qualified: |
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| Listing ID: |
72752 |
| Status: |
Active |
Listing Details
| Listed Price: |
$240,000 |
| Down Payment: |
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| Total Sales: |
$300,952 |
| SDE: |
$83,773 |
| EBIT: |
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| EBITDA: |
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| FFE: |
$70,000 |
Included? Yes |
| Real Estate: |
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Included? |
| Inventory: |
$5,000 |
Included? Yes |
| A/R: |
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Included? |
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| Reason for Sale: |
Owner is retiring from plumbing business to devote more time to other business interests. |
| Training: |
Negotiable. |
| Financing Terms: |
Negotiable. |
Operations
| Year Established: |
1992 |
| Last Acquired: |
2003 |
| Form of Ownership: |
S Corp |
| Home Based: |
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| Relocatable: |
Yes |
| Type of Location: |
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| Absentee Owner: |
No |
| Online: |
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| Employees: |
Full Time: 3 / Part Time: |
| Managers: |
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| Hours: |
M-F 8:30am-4:30pm |
| Owner Hours: |
40 |
| Non-Owner Payroll: |
$52,325 |
| Franchise Info: |
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Location
| Lease Expire: |
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| Option: |
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| Lease Terms: |
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| Lease Security: |
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| Monthly Rent: |
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| Square Footage: |
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| Facilities: |
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Summary
| Business Description: |
19 year old company is located in Garland County, Arkansas. Operating is a small, targeted geographic area, this company has built a solid reputation for outstanding quality and dependability. 80% of work is residential with approximately 1/3 new construction and 2/3 repair/remodel. 20% of work is commercial with key maintenance contracts in place. |
| Historical Summary: |
Current owner purchased business in 2003 after previous owner retired. Consistently profitable. Off to great start in 2011! |
| Owner Qualifications: |
In-house master plumbing license needed. Owner is willing to keep his license with the new business for a reasonable period of time after purchase. |
| Competition: |
Moderate. |
| Potential Growth: |
Expand geographic service area. Increase advertising (2010 advertising expense was less than 1/2% of gross sales). |
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