Listing ID: 200638

Location: Eastern North Carolina


Asking Price
$1,525,000
SDE
$250,000

Gross Revenue
Year Established
Number of Employees
Inventory

$2,500,000
2006
20
$20,000

EBITDA
FF&E
Real Estate

N/A
$75,000
$275,000

Business Description

Rare opportunity to take over a well established large plumbing business in a fast growing area in Eastern North Carolina. This owner operated business needs a business savy buyer that can fully capitalize on the growing opportunity. 14 crews of 1-2 men are currently operating repairs and new construction out of fully equipped trucks that bear the company logo. This business can manage any large job, as opposed to the majority of its local competitors. Excellent option for a strategic buyer._x000D__x000D_
_x000D__x000D_
Real estate owned by the business brokered by Lynn Harris/Century 21.

Additional Information
Reason for Selling

Pursuing personal interests

Facilities & Assets

Office, storage building and car park owned by the business and included in the sale (real estate brokered by Lynn Harris/Century 21)

Support & Training

The seller is willing to remain with the company for a certain amount of time to assist in the transition and training of the new owners.

Market & Competition

The area is experiencing massive growth with many residential and commercial construction projects underway and in planning. Almost no competition of similar size that can handle large jobs solo.

Growth & Expansion

20% growth in revenue in 2017 over 2016, with net profit increase 10% during the same period. The area is experiencing massive growth with many residential and commercial construction projects underway and in planning.

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Listing ID:
200638

Location
Eastern North Carolina

Asking Price
$1,525,000

SDE
$250,000

Gross Revenue
$2,500,000

Year Established
2006

Number of Employees
20

FF&E
$75,000

Inventory
$20,000

Real Estate
$275,000

Business Description


Rare opportunity to take over a well established large plumbing business in a fast growing area in Eastern North Carolina. This owner operated business needs a business savy buyer that can fully capitalize on the growing opportunity. 14 crews of 1-2 men are currently operating repairs and new construction out of fully equipped trucks that bear the company logo. This business can manage any large job, as opposed to the majority of its local competitors. Excellent option for a strategic buyer._x000D__x000D_
_x000D__x000D_
Real estate owned by the business brokered by Lynn Harris/Century 21.


Additional Information
Reason for Selling

Pursuing personal interests

Facilities & Assets

Office, storage building and car park owned by the business and included in the sale (real estate brokered by Lynn Harris/Century 21)

Support & Training

The seller is willing to remain with the company for a certain amount of time to assist in the transition and training of the new owners.

Market & Competition

The area is experiencing massive growth with many residential and commercial construction projects underway and in planning. Almost no competition of similar size that can handle large jobs solo.

Growth & Expansion

20% growth in revenue in 2017 over 2016, with net profit increase 10% during the same period. The area is experiencing massive growth with many residential and commercial construction projects underway and in planning.





https://bristolgrouponline.com/listing/564751/
Asking Price
$1,525,000

SDE
$250,000

Gross Rev.
$2,500,000

Location
Eastern North Carolina

Business Description

Rare opportunity to take over a well established large plumbing business in a fast growing area in Eastern North Carolina. This owner operated business needs a business savy buyer that can fully capitalize on the growing opportunity. 14 crews of 1-2 men are currently operating repairs and new construction out of fully equipped trucks that bear the company logo. This business can manage any large job, as opposed to the majority of its local competitors. Excellent option for a strategic buyer._x000D__x000D_
_x000D__x000D_
Real estate owned by the business brokered by Lynn Harris/Century 21.

Detailed Information
Internal ID
200638

Number of Employees
20

Year Established
2006

FF&E
$75,000

Inventory
$20,000

Real Estate
$275,000

Additional Information
Reason for Selling

Pursuing personal interests

Facilities & Assets

Office, storage building and car park owned by the business and included in the sale (real estate brokered by Lynn Harris/Century 21)

Support & Training

The seller is willing to remain with the company for a certain amount of time to assist in the transition and training of the new owners.

Market & Competition

The area is experiencing massive growth with many residential and commercial construction projects underway and in planning. Almost no competition of similar size that can handle large jobs solo.

Growth & Expansion

20% growth in revenue in 2017 over 2016, with net profit increase 10% during the same period. The area is experiencing massive growth with many residential and commercial construction projects underway and in planning.