Business for Sale

Under Contract

Outstanding Plumbing Co.in the Heart of OC

BizEx1238-DC

Background

General Location:Orange County, CA
Category: Construction
Special Trades
Years in Business:19 years
Under Present Owner:19 years
Hours of Operation:
Owner Hours:
Training:4 weeks @ 20 hours
Organization Type:C-Corp
Lease Expiration:
Lease Options:
Building Size:
Employees:0
Reason for Sale:Retirement

Financials

Asking Price:$1,780,000
Down Payment:Negotiable
Gross Sales:$2,100,000
Discretionary Cash Flow:$538,677
FF&E:
Inventory Included?Yes
Inventory:
Min. Operating Capital:TBD
Real Estate Available?No
Rent:
Financing:SBA

2018 2017 2016
Gross Sales $ 2,090,527 $ 2,482,989 $ 2,088,861
Gross Profit $ 2,090,527 $ 2,482,989 $ 2,088,861
Disc. Earnings $ 419,556 $ 773,128 $ 423,346

Description

An outstanding plumbing business in the heart of Orange County is for sale. Discretionary earnings at $538,677.00. Large active database of recent customers.

A new owner can quickly reach out via direct mail and telemarketing to increase business. Additional advertising and a better SEO program for their web presence would be highly recommended. Since the current owner answers all calls from prospective customers, he is willing to help establish keywords for Google searches that relate to the calls he receives on a regular basis. Further, there is an opportunity of increasing revenue by extending service hours. The company currently does not answer calls before and after their daily hours of 8-5 pm. Last, the current owner feels there are many T.I. (commercial tenant improvement) projects that are passed up because of their reluctance to work past regular business hours.

 All in all, the current owner feels the company for sale has the capacity and opportunity to double in sales income with a more organized and systemic operation. For more information, please contact David Chavez at dchavez@bizex.net or by text at 310-503-6847. 


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Disclaimer: The information herein is furnished by the seller; BizEx has not verified this information and makes no representation or warranty as to its accuracy, completeness, or authenticity. Future earnings may differ from past earnings. Discretionary Earnings is defined as earnings before deducting interest, taxes, depreciation, and amortization, and adding Owners salary, benefits and non recurring expenses.

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David Chavez
Business Broker / M&A Advisor
4551 Glencoe Ave., Suite 210
Marina del Rey, CA 90292
Office: (310) 882-2200 ext 133
Direct: (310) 503-6847
Lic#: 01918858