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9492006350

What's My Business Worth? Free Market Value Analysis

  • Sold For

    $1,000,000

    Sold For

  • Revenue

    $2,225,520

    Revenue

  • Discretionary Earnings

    $767,053

    Discretionary Earnings

  • SBA Financing

    Yes

    SBA Financing

Fast growing, highly profitable, Orange County Commercial Plumbing Contractor with revenues of over $2.2 and over $767K earnings is available for purchase with $450,000 down payment through SBA financing.

Financial Summary

Summary 2016
Revenue 2225520
Cost of Goods Sold 613480
Gross Margin 1305300
Operating Expenses 872934
Net Profit 432366
EBITDA
Owners Benefits 334687
Discretionary Earnings 767053

On track for over  $2.2 million of revenue in 2016 with Discretionary Earnings of $767,053 the plumbing contractor has had double digit growth year over year for the past 4 years.

The company specializes in plumbing for commercial new construction and remodels with extensive experience in plumbing installations for commercial office buildings, industrial buildings, warehouse and manufacturing facilities, tenant improvements, retail, restaurants and custom homes. Typical projects are large commercial buildings, large box retails stores, restaurants, and manufacturing facilities.

The company works as a subcontractor to general contractors servicing projects from Woodland Hills to San Diego. The company has developed long term relationships ranging from 4 to 20+ years with well established general contractors and commercial clients throughout Southern California.

The company has an excellent reputation and track record of quality work, on time project completion and competitive pricing. Consequently the current owner does not advertise and relies on word of mouth referrals and existing customers for their growth. The business receives approximately 30 bid invites on a weekly basis from current and new contractors and referrals.

The company has an experienced team of trained plumbers including foreman, experienced plumbers and laborers.

After building his company for over 20 years the owner is ready to retire.  

Note that this company requires a contractor’s license and the lender will require the buyer to have relevant or related industry experience in order to qualify for SBA financing.

Contact us via the Inquire button to receive the Confidentiality Agreement for more information about this highly profitable and fast growing company.

Represented by Bill Grunau, Orange County Business Broker, Hines & Associates