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Highly Profitable Plumbing Business For Sale

Mecklenburg County, North Carolina, US
Asking Price:
$575,000 (USD) Furniture / Fixtures included
Sales Revenue:
$1,306,818 (USD)
Cash Flow:
$230,749 (USD)

In operation since 2016, this highly profitable and COVID resistant business has experienced steady growth every year of its operation. The owner has grown from about $133,000 in revenue the first year, to approximately $1.3M in 2020.

With well-maintained equipment and highly skilled personnel, this efficiently operated business is equipped to handle both residential and commercial plumbing to meet the 24/7 needs of the its customers, servicing approximately 2,600 in 2020.

Advantages:

Highly profitable with great growth potential

Essential Service Business: resistant to economic downturns

Fully equipped to service all plumbing needs

Great reputation in its chosen market, known for integrity and skill

Superior Web Presence

Highly skilled seller willing to stay as needed to ensure success

Do not miss this opportunity to own a very successful business in a booming and growing market, with an average of 28,000 people moving to the area annually. Inquire today!

Property Information

Real Estate:

Lease

Lease Rent:
$18,000 (USD) per sq ft per annum
Location:

This business currently operates in a business park, renting office and warehouse space. 1,500 SF, 50% office, and 50% warehouse.

Business Operation

Expansion Potential:

With an influx of 28,000 persons being added to the market area annually, this essential services business has unlimited growth potential.

Competition / Market:

With many competitors in the market area, this business competes on the basis of better service and quality. Although competitive, offers the same level of pricing.

Reasons for selling:

Seller wishes to pursue other business interests.

Trading hours:

24/7 and Emergencies

Employees:
6
Years established:
2016

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

Franchise Royalty / Amount: 5% of Sales Royalty and 2% for National Advertising

o Other Franchise Fees: Monthly franchise fee of $2,500

o Franchise Transfer Fee to a new owner: 5% of the sale price

o Franchise Renewal Date: September 2026 (10 year agreement)

Other Information

Support & training:

Seller will train a new owner - length of time and salary are negotiable.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Seller will consider some financing to the right qualified buyer.

Furniture / Fixtures value:
$103,000 (USD) - included in the asking price

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