Broker Name:Ronald Cervelli
Broker Email:contactus@regalconsultants.com
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Plumbing Company
(Construction, Plumbing )
Warren County , NJ
Listed Price: $ 99,900
Listing ID: CONST101

Listing DetailsGross Revenue: $ 116,253
Cash Flow: $ 43,495
FFE: $ 28,000 (Included in Price)
Reason for Sale:

The owner is retiring after many successful years in this service industry.


Training & Support:

N/A


OperationsYear Established: 2011
Absentee Owner: No
LocationLease Expire: 0000-00-00
Type of Location: Home Based
Facilities:


This company is conveniently located in North West New Jersey, Warren County. The general area and county consist of various communities with continue demand for this particular service. The business facility consists of a home base office which will not be included in this transaction.


SummaryBusiness Description:
Owner retiring after many years in the profitable plumbing and home improvement industry. This long-standing plumbing company is located in Northern New Jersey and in the county of Warren. The business has a wonderful reputation in the industry, with a 2018 gross income of $116,253 and a net yearly income of $43,495. The company supplies its services primarily to residential homes within the general area. They have a commitment to exceptional customer service and a wonderful reputation. The company presently has approximately two hundred registered customers. From water heaters to complicated bathroom and kitchen remodeling, they can leverage their buying power to bring their customers a wide selection of quality service. They will go above and beyond to ensure their customers are promptly serviced. The company is licensed and insured, and their promise is Comfort, Safety and satisfaction. This plumbing service industry requires an appropriate New Jersey state license in order to operate. The business has been valued at $99,900 based on a multiple of the net yearly income which includes the specific business assets and seller financing has been approved to a qualified buyer with an appropriate down payment, collateral and credit rating. Please do not disturb business, this sale is absolutely confidential, all viewings are by appointment only and photo does Not represent this particular business opportunity.

 


Competition:

To the best of our knowledge, no other new competitors are expected near to this business and the owner has agreed to supply a long term non-compete agreement to the purchaser.


Potential Growth:

Additional growth is possible by instituting a web site, and an appropriate marketing plan. Also, the company limits its service to a particular geographical area & customer base and if increased can further develop the income.


Financing/Terms:


Will be considered with an appropriate down payment.