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Highly Profitable Nevada Based Full-Service Plumbing Company - SC2204
Highly Profitable Fast Growing Nevada Based Full-Service Plumbing Company - Perfect MEP Rollup - SC2204
Asking Price: $6,250,000
Cash Flow: $2,000,000
Gross Revenue: $16,000,000
Down Payment: $6,250,000
This Northern Nevada based Plumbing Company is a Nevada S Corporation and was started 32 years ago and has been under current ownership for the past 17 years. This business provides a full range of plumbing services which include commercial services, industrial services, new construction, residential services, underground services as well as water softener and water heater installation. Whether you need emergency plumbing service for your business, or a plumber scheduled for a planned bathroom remodel, this company has the perfect team to accommodate your needs. They offer around-the-clock services.
This will be a cash free / debt free stock or asset sale. $1,000,000 of working capital will be left in the business.
City: Northern Nevada
State: Nevada
The reason the Seller is selling is Seller would like to pursue other interests.
Year Established: 1993
Home Based: No
Franchise: No
Relocatable: No
Lender Prequalified: No
SBA Prequalified: No
Full-Time Employees: 85
Part-Time Employees: 2
Contractors: N/A
Owner Worked Hours/w: 30
Adjusted EBITDA: $1,600,000
Inventory Included: Yes
Inventory Value: $30,000
Monthly Rent: $20,000
Real Estate Available: No
Real Estate Included: No
Real Estate Value: N/A
Building Size: 12000
FF&E Included?: Yes
FF&E Value: $400,000
The Seller is willing to provide training at 30 hours per week for 4 weeks for the new Owner. Additional training is available from Sellers at a mutually agreed upon price.
The North America mechanical electrical and plumbing (MEP) service market size was estimated at $31 Billion in 2023 and is projected to grow at a CAGR of 7.4% from 2024 to 2030.
Real estate is owned by Seller.
NV 1003039
Listed By: Myrtel Lapuz
Background information
Reference:
SC2204
Year established:
1993
Reason selling:
The reason the Seller is selling is Seller would like to pursue other interests.
Finance
Sales:
$16,000,000
Profits:
$2,000,000
Operations
Employees:
Full-Time Employees: 85 Part-Time Employees: 2 Contractors: N/A
Equipment:
FF&E Included?: Yes FF&E Value: $400,000
Inventory:
Inventory Included: Yes Inventory Value: $30,000
Furniture fixtures and equipment:
FF&E Included?: Yes FF&E Value: $400,000
Premises
Facility:
Real estate is owned by Seller. Real Estate Available: No Real Estate Included: No Real Estate Value: N/A Building Size: 12000 FF&E Included?: Yes FF&E Value: $400,000
Square footage:
12000
Rent and lease terms:
Monthly Rent: $20,000
Location:
City: Northern Nevada State: Nevada
Opportunities
Growth:
The North America mechanical electrical and plumbing (MEP) service market size was estimated at $31 Billion in 2023 and is projected to grow at a CAGR of 7.4% from 2024 to 2030.
Market:
The North America mechanical electrical and plumbing (MEP) service market size was estimated at $31 Billion in 2023 and is projected to grow at a CAGR of 7.4% from 2024 to 2030.
Price and terms
Price:
$6,250,000
Down payment:
$6,250,000
Financing:
Seller financing is not available at this time.
Training:
The Seller is willing to provide training at 30 hours per week for 4 weeks for the new Owner. Additional training is available from Sellers at a mutually agreed upon price.