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Opportunities

DFW Commercial Plumbing: Low Multiple due to Health

Sold

SBA Approved with only 10% down!

CASH FLOW
$408,448

Specifications

  • Price
    $1,250,000

  • Revenue
    $2,583,114

  • Cash Flow
    $408,448

  • Location
    Dallas, Texas

  • Service Area
    Their primary service area is Dallas and Fort Worth and spans up to a 1–2-hour circumference of the area.

  • Reason for Sale
    Personal health concerns

  • Profit Margin
    20%

  • Employees
    1 PM, 1 Journeyman plumber, 5 1099 plumbers, 7 W2 plumbers, and 2 office admin workers.

  • Multiplier
    3.00

 

This commercial plumbing company has a specialty in Gas Stations, Convenience Stores, Farm Stores and Restaurants. They serve only Commercial GCs, not direct to client. They have a team of 13 Plumbers and 2 in Admin/Bookkeeping. Included in the purchase is their equipment, vehicles and $170,000 in Working Capital. Unfortunately, due to suffering multiple strokes, the owner after 20+ years in business is selling. Even with the illness of the owner the company saw their highest revenue ever of over $2.5 million with $408,000 in Cash Flow. The great news is that there is a very capable General Manager who oversees all day-to-day operations.

Priced at $1,250,000, this business purchase comes with an excellent foundation to build on, low overhead costs, a wellstreamlined operation, an industry leading staff, and ongoing room for growth. In order to reduce overhead costs, the business does not operate out of a central office or storage space. The office employees work from home and the plumbing employees work at the client locations. This business has significant room for growth including developing a marketing and advertising plan, expanding on the existing niche services that are currently offered almost as add on services, or using their existing foundation of excellent client relations to take advantage of recent developments in the Dallas area by expanding their current bids into municipal work or picking up a few residential customers.

 

 

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Click to download NDA form

Print, sign and send to:

210 N 78th St. 2nd Floor
Omaha, NE 68114

Or fax to:

f 402.939.0857

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The Firm makes no warranties or representation in consideration to the information provided above. All communication regarding this business must occur directly with The Firm Advisors, LLC. The Firm is not a real estate brokerage and does not sell real estate. The Firm solely advises on exit strategy.