Highly Profitable 14 Truck Plumbing Company with Property For Sale

Franchise terms

This business is in a prime position for franchising.

Business description

This 14+ truck residential and commercial plumbing company in San Diego County is the largest and most popular in the area and much of the contiguous communities. 07' sales have exceeded 06' on a steady growth incline, and 08' is expected to continue this trend. The headquarters property located directly adjacent to the highway with visible lit signage and is included in this sale. Each vehicle is fully outfitted for most jobs with approx. $10K of inventory on-board, and is professionally painted with the company logo and contact information to increase marketing exposure within a 50+ mile radius of headquarters. Approx. 6,000+ work invoices are performed annually, with each field employee being paid on a strictly commission-only basis. Company is active with an extremely low refund ratio on work performed (.0029%), unlike many other commission-only outfits in similar lines of work. Owner built business on integrity and solid, competent work which has lent to positive recurring business from the community and local name-brand businesses. This company is in an excellent turn-key position for added growth through brand franchising, and maintains a recurring presence in Yellow Pages advertising within surrounding communities to draw new business. The owner will prove this company's sales with excellent current and historical records.

Property information

Real Estate:

Real Property Included

Location:

This business listing includes property of approx. 1,600 square feet in a shared center, directly adjacent to and visible from the highway. Ample parking for all 14 company vehicles and trailers. Facilities are new, and still in excellent condition. Includes office and warehouse space for business operation and storage.

Other information

Expansion potential:

Owner built business with scalable franchising in mind. Facilities, brand name, and marketing concept are in a perfect turn-key position for increased growth through franchising.

Competition / Market:

Owner has focused on the establishment of recurring large-business contracts to provide plumbing services to major name-brand businesses in the area. Each vehicle is fully painted with the company logo and contact information, providing additional marketing exposure within a 50+ mile radius of the company's headquarters. The headquarters facility is directly adjacent to the highway and visible both day and night (lit signage). Approx. 6,000+ work invoices performed annually.

Support & training:

Seller will train buyers, and will entertain paid retention for use of the California State Contractors License (C36) required for business operation.

Reasons for selling:

Seller retiring, moving out of state.

Trading hours:

24 Hours, 7 Days

Financing available:

Financing options may be available for qualified buyers.

Furniture / Fixtures value:

$250,000

Inventory / Stock value:

$63,000

Related documents:

• 
• Pre-Filled Non-Disclosure Agreement

Contact the seller

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