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Plumbing Business - Detroit Metro Area

Wayne County, MI

Plumbing Business - Detroit Metro Area
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Asking Price: $4,750,000

Cash Flow: $1,100,000

Gross Revenue: $5,200,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: 1988

Plumbing Business - Detroit Metro Area

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Business Description

Profitable, recurring revenue business with strong growth potential

Well-established, full service plumbing and remodeling business in growing metro area serving residential and commercial clients. Highly respected brand with excellent customer retention and employee relationships.

Founding owner seeking to retire. Key employee with necessary plumbing licenses to remain with business.

Business is very stable due to high percentage of recurring revenue. >80% plumbing, the majority of which is residential and maintenance. No downside exposure to economically-sensitive new build.

Meaningful upside possible from untapped online and social media channels.

Upon completion of Buyer Profile (https://goo.gl/forms/4NmETgZZNRDLF2v53), additional details will be forwarded. Alternatively, please call.

Detailed Information

Location:
Wayne County, MI
Inventory:
Included in asking price
Employees:
28
Financing:
Business has been pre-qualified for SBA loan
Support & Training:
The owner is willing to assist the buyer after closing of the transaction to ensure continued success. Transition time period, including a long-term consultancy, is subject to discussion should the buyer require additional assistance.
Reason for Selling:
Retirement
Business Website:
http://goo.gl/forms/4NmETgZZNRDLF2v53
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Business Listed By:
Katherine Chan

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