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Fast Growing Plumbing/Leak Repair Company - Highly Rated and Reviewed

Round Rock, TX (Williamson County)

Fast Growing Plumbing/Leak Repair Company - Highly Rated and Reviewed
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Asking Price: $995,000

Cash Flow: $249,520

Gross Revenue: $543,000

EBITDA: N/A

FF&E: $150,000

Inventory: N/A

Established: 2015

Fast Growing Plumbing/Leak Repair Company - Highly Rated and Reviewed

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Business Description

Excellent Opportunity For The Right Buyer

This Company is a highly rated and frequently reviewed full service plumbing and leak detection repair company located in the Round Rock, TX area.

The Company has seen year over year growth since inception and is trending in the same direction for 2019. Their Y-T-D gross revenues and Seller's Discretionary Earnings have already surpassed 2018.

Currently the business has an owner/operator model, but is primed for continued growth and can be transitioned to an absentee model quickly by adding an additional plumber to an existing and ready 2nd work van.

The industry is shifting and many “Master Plumbers” are retiring, leaving a huge void and great opportunity for entrepreneurs who want to enter this industry and capitalize on this void.

This business won't last long. It is SBA Pre-Approved and ready for the new buyer.

Contact us to learn more.

Detailed Information

Location:
Round Rock, TX
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Currently the business is operated out of a personal property with a 40x40 workshop. Only 50% of the work shop is being used for the business and the new owner can operate the business out of a two car garage, storage unit, or an alternate facility.
Competition:
In the near future, the market is going to be in need of "Master Plumbers" as so many are retiring.
Support & Training:
Sellers want the new buyer to be successful. They are open to discussions on what is needed by the buyer to ensure a successful handoff.
Reason for Selling:
Retirement
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(from currently available funds)
 
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Alex Khabbaz

Business Listed By:
Alex Khabbaz

Texas Business Brokers

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Sponsoring Broker:
Mike Feinman, Managing Partner

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