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Plumbing and Electrical Repair Services Company - Commercial and Residential

Location: Metropolitan Atlanta

ID: (#200772)

This Business Has Been Sold.
200772
Price:$2,000,000
Revenue:$3,500,000
Cash Flow:$447,000
FF&E (Assets):$0
Inventory:$0
Real Estate:$0

Overview

The Company provides Plumbing and Electrical repair services for residential (60%) and commercial customers (40%). They estimate that 75% of the Company's revenue is related to plumbing repair services, and 25% is related to electrical repair.

The Company has developed a reputation for high-quality and responsive customer service and has received numerous awards and accolades. The Company has a Master Services Agreement in place with one of the largest home improvement retailers in the country. The Company is one of 369 partners in the country to enter into this level of partnership with the retailer.

Details

Reason for Selling:

pursuing other interests

Established:

2006

Employees:

32

Facilities:

The owner of the business also owns the property. While not included in the asking price, the owner would be willing to consider selling the property as well if desired by the acquirer

Opportunities for Growth:

2021 YTD is up by 15% over the same period of 2020.

Support and Training

The owner is willing to stay on with the acquirer for up to one month, but would also consider a longer-term consulting arrangement if desired by the buyer. The owner has an experienced management team in place who oversees the day-to-day operations of the company. The owner only spends 6-10 hours a week in the office and isn't involved in day-to-day operations.

Broker Contact Information

  • John Marsh
  • Georgia - Atlanta
  • (404) 436-1071 Mobile
  • Appointment Only:
  • ATL Commercial Real Estate, Inc.
  • Georgia - Atlanta
  • By Appointment Only
  • 1155 Mount Vernon Hwy NE #800, Atlanta, GA 30338
  • Atlanta, Georgia 30350
  • Real Estate Broker: ATL Commercial Real Estate, Inc.