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  • Listing No.: 101-15750

  • Category: Construction

Asking Price $995,000
Down Payment
Gross Revenue $1,500,000
Total Adjusted Net Income $450,000
Equipment/Fixtures $202,000
Year Established
General Location
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This is an opportunity to expand into the large commercial plumbing market. This commercial plumbing company (since 1969) services new construction and tenant improvement projects. The business was purchased in 1991 by the father who has since retired and the son (now deceased) assumed and took over and operated the company. There are 11 W-2 employees and the reason for this company's success is their reputation and the quality of their field employees. The father is the current Qualified Employee and he will stay as required. The 6,000 sf building is also available for purchase for an additional $1,250,000. SBA Lender Reviewed & Pre-Qualified

Gross Revenue $1,500,000 Listed Price $995,000
Total Income $450,000 Down Payment
Base Rent $5,000 Square Feet 6000
Total Rent $5,000 Lease Expiration
Rent Deposit $0 Lease Options New Lease
Inventory $4,000 Leasehold Improvements
Equipment/ Fixtures $202,000 Other Assets Building
Full-Time Employees 11 Training Period 30 Days
Part-Time Employees 0 Special License Required C-1 Plumbing and Heating
Contract Staff 0 Reason for Selling Seller deceased

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.