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Businesses For Sale

Profitable Residential Plumbing Company in Spring Branch

Listing Agent:

Chris Adkins

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Listing: # 8290

Price: $ 425,000

Location: Houston

Listing Profile


Service Business

Purchase Price: $425,000
Real Estate Price: $0
Working Capital: $0
Total Investment: $425,000
Down Payment Required: $425,000
Gross Revenue: $387,726
Discretionary Earnings: $216,668
Imputed Rent: $0
Total Cash Flow: $0

Description and Operations

Established Date: 2017
Monthly Rent: $325
Reason for Sale: Going into real estate investment business
Employees(Full): 5
Employees(P/T): 0

Reason for Sale:
Going into real estate investment business

This family-owned plumbing business has been operating profitably since it was established in 2017. The current owner is a Responsible Master Plumber. Seller is willing to lease his RMP license, but any interested party should be on track to eventually receive their own RMP. Owner does approximately 25% of the work on jobs and all estimations. A full time 1099 plumber works on a daily basis with 3-4 subcontractors doing the rest of the work. The company currently only does residential service and repair work, they do no commercial or new construction plumbing. This is an opportunity for someone to take over a plumbing company with lots of potential for revenue growth and expansion. Current owner plans to focus on real estate investing full time.

Contact Chris Adkins