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Description

Here is a rare chance to acquire a well-established, highly profitable business in the plumbing and home services industry. With consistent revenue, high margins, and strong cash flow, this company is an attractive investment for strategic buyers and investors. Serving both residential and commercial customers, heres why this company stands out:Business Overview Industry: Residential and Commercial Plumbing Services Years in Operation: Since 2019 Location: Based in San Diego, CA Ownership Structure: Two partners, allowing for a smooth ownership transition post-sale.Financial Highlights1. Consistent Revenue and Growing Profit Margins:o 2024 Revenue: On track to hit $500,000 in Gross Profitso Revenue Trend: Revenue has remained stable and is increasingo Very minimal debt, will be paid off with sale of businessOperational Strengths Optimized Expense Management: The company has implemented cost efficiencies that contributed to lower COGS in 2023, resulting in higher profit margins. This streamlined cost structure reduces operational risk and enhances profitability. Asset-Backed Security: The business has made significant investments in vehicles, equipment, and tools, which provide value to new owners and reduce the need for immediate reinvestment. Growth Potential: An established reputation and customer base present multiple growth opportunities. With options to expand services or scale geographically, new owners have significant potential to increase revenue. Future owner can offer services such as 24hr emergency services, pipe lining, restoration services and other non-light duty services for at least $100,00 plus in additional revenue!Current services are categorized as light duty and include:Aluminum Gutter InstallationDownspout InstallationDrain InstallationEmergency ServicesFaucet RepairGutter CleaningGutter RepairPipe InstallationSewer ServicesSink RepairToilet RepairWater Heater InstallationDownspout CleaningDownspout RepairDrain CleaningFaucet InstallationGarbage Disposal RepairGutter InstallationLeader Head InstallationPipe RepairSink InstallationToilet InstallationWater Filter ServicesLocation:San Diego, CAEmployees: 3Facilities:The asset being sold is the customer/client list (with service contracts) and the attached generating revenue that accompanies it. (Home Based)Financing:Seller willing to finance a portion of the sale.