Profitable Plumbing Company

Profitable Plumbing Company

Indianapolis, IN
Listing Number:
 IEB-104-21

Financial Information

Asking Price: $650,000 
Real Estate: Leased
Gross Revenues: $760,000
Cash Flow: $200,000
 

Business Description

Only $25,000 down payment!

Locally-owned, non-franchised plumbing company with 5 techs that is rapidly growing in the Indianapolis-metro residential service industry. In this age of digital marketing and advertising, this business has good reviews and rankings on multiple platforms. Most of the previous revenue has been on service work, but new construction has been increase as of late. There is additional opportunity to grow the new construction segment as well as expand into commercial work. 

This would be a great stand-alone opportunity for another plumber or soon-to-be-licensed plumber, an HVAC that wants to expand their plumbing offering, a property management company or a property maintenance company that wants to add value. Could also be absorbed by a general contractor to secure trade availability.

Seller Financing available up to 5% to allow the Buyer to only need to put down 5% with an SBA Loan. So, the Buyer only needs ~$25K down + loan fees and finance the rest. The net income more than covers future debt service and still provides an attractive income ($140K+) for the buyer.

General Information

Facilities: Approx 1500 sqft Flex Space with a front office area for the owner and office manager. It also has a warehouse space for storage with a roll up door and rear access. Very affordable rent and easy access to I-465.

Growth & Expansion: Area available to add more buildings, portable buildings, or surface parking.

Employees: 7

Growth: A new owner could easily continue expanding this business with additional staff. The demand is certainly there. The advertising can be throttled from low to high as needed to keep the pipeline full. Currently, could expand the new construction and commercial side with little to no additional advertising.

Support & Training: Owner will provided limited yet sufficient support to successfully transition the business to a new owner.

Reason Selling: Other business interests

Contact Information


Contact:
 Scott Lands
Phone: 317-333-6655 x 104

 

Indiana Equity Brokers
5750 Castle Creek Parkway, Suite 275, Indianapolis, IN 46250
Tel: 317-333-6655     Fax: 317-333-6654
info@indianaequitybrokers.com

 

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