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Long-Established Plumbing Company

Montgomery County, PA

Seller Financing Available
Long-Established Plumbing Company
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Asking Price: $875,000

Cash Flow: $307,844

Gross Revenue: $1,066,045

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Real Estate: $300,000*

Established: N/A

*not included in asking price.

Long-Established Plumbing Company

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Business Description

A well-established and very profitable plumbing and related services company with real estate located in Montgomery County, PA is for sale. The company serves a diverse mix of both residential and commercial customers, with several recurring commercial accounts. Sales in 2019 have increased considerably due to growing customer demand. The company has a seasoned staff of professionals, including two employees that have a Master Plumber license. A new owner would not have to be a plumber to effectively learn and run this company. The current owner wishes to retire and believes the company is best suited to continue thriving under new ownership.

This opportunity has been prequalified for a Small Business Administration (“SBA”) bank loan. The total sale price of $1,175,000 for the business and real estate can be financed with a $127,500 cash down payment. Based on historical data, a new owner/operator would generate an annual net income of approximately $170,000 after making principal and interest payments to the bank. The loan amount includes bank closing costs and working capital.

Detailed Information

Location:
Montgomery County, PA
Real Estate:
Owned
Not included in asking price
Building SF:
N/A
Support & Training:
The seller will provide training and post-closing support.
Reason for Selling:
Retirement.
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(from currently available funds)
 
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Jeff MacAdam, CBI

Business Listed By:
Jeff MacAdam, CBI

The Bridlebrook Group

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Sponsoring Broker:
William A. Doyle, Esq.

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