-
$1,600,000
Offered at
-
$1,296,587
Revenue
-
$727,464
Discretionary Earnings
-
$181,548
Down Payment
-
Yes
SBA Financing
Los Angeles County residential & commercial plumbing service company with $1.3 million in revenue $727,464 Discretionary Earnings is available for acquisition. Generating strong, consistent revenue with exceptional profit margins, the company is SBA pre-approved for qualified buyers with just 10% down.
Established over 35 years ago, this well-respected, licensed, bonded, and insured plumbing company serves residential and commercial customers throughout Los Angeles County. With a skilled team of 9 employees and 3 fully equipped service trucks, the business generates approximately 75% of sales from residential plumbing and repiping services and 25% from commercial work. All jobs are performed on a project-by-project basis with no long-term contracts.
Summary:
- Offered at $1.6 million
- $1.3 million projected sales for 2025
- $727,464 million Discretionary Earnings projected for 2025
- $181,548 Down w/SBA Financing
- 9 employees
- 3 Service Trucks
Services:
- Residential & Commercial Plumbing Services
- Hydro-Jetting
- Repiping
- Video Sewer Line Inspection
- 24/7 emergency services
Staff:
- Operations Manager
- 3 Plumbers
- 5 Re-Pipe Technicians
Buyer Skills and Requirements:
The buyer should be prepared to run daily operations. While a plumbing license is not required at purchase, the buyer must be willing to learn the technical aspects of the trade. This is not a passive investment. The seller holds a C36 Plumbing Contractor License and can serve as RMO (Responsible Managing Officer) for up to 12 months, during which time the buyer must obtain their own C36 license.
Training & Transition:
Seller will provide 4 weeks of training (40 hrs/week) and limited consulting thereafter, as negotiated.
Reason for Selling:
The owner is retiring after nearly 40 years working in the plumbing trade.
Inquiries from principals only
Financial Summary
Summary | 2022 | 2023 | 2024 | 2025 |
Revenue | 1291357 | $1,387,211 | $1,153,948 | $1,296,587 |
Cost of Goods Sold | $528,887 | $452,641 | $246,847 | $102,652 |
Gross Margin | $762,470 | $934,570 | $907,102 | $1,193,935 |
Operating Expenses | $353,020 | $897,142 | $520,642 | $471,905 |
Net Profit | $409,460 | $37,435 | $386,460 | $722,030 |
EBITDA | ||||
Owners Benefits | $56,096 | $406,996 | $144,506 | $5,434 |
Discretionary Earnings | $465,556 | $444,431 | $530,966 | $727,464 |