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BUSINESS FOR SALE - PROFILE #  41720074

Plumbing Contractor Business in Wilmington NC
Wilmington North Carolina Area

Asking Price: $1,200,000   Down Payment: $1,200,000  
Gross Revenue: $1,182,029   Adj. Cash Flow*: $558,668  
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Executive Summary
This is a great opportunity to purchase a well established plumbing business with a mix of both commercial and residential customers in a growing area of coastal North Carolina. Sales consist of new construction as well as a knowledgeable service department that generates approximately 60% of the revenue. This locally owned plumbing business has been serving the Wilmington North Carolina area for over 12 years with steady and continued growth. The success of the business is driven by a commitment to customer satisfaction with unlimited growth potential.  Sales have continued to thrive this year even during the Covid situation with no slow down it sight.  The sale of the business includes everything needed for continued success including modern vehicles with all of the necessary tools and equipment. With excellent books and records this would be a great business to position for a SBA loan.  This is an excellent opportunity for an individual with the skill set to own and operate their own plumbing business, or for an established plumbing business wanting to expand to the Wilmington area. The seller will negotiate a transition period depending on the buyer's needs.

Acquisition Highlights

  • This is an excellent opportunity for an individual or a larger company wanting to expand to the area.
  • 7:30 Am - 5:30 PM Monday - Friday
  • Excellent books and records with no discretionary income.
  • The business is home based. The sale includes: 2018 GMC KVU 2017 GMC KVU 2008 F350 Sewer Snake Tools on Trucks Parts on Stock
  • The business was started by the present owner in 2010.
  • Financing Information:  Excellent Books and Records SBA financing Available
  • Training Information:  as needed
  • This business is home-based
  • This business is not a franchise
Business Synopsis

Asset Information (estimated fair market value)

Established in: 2008 Inventory:
Employees: 5 Furniture, Fixtures & Equipment: $150,000 Included
Real Estate:
    Total Assets Included in Sale: $150,000
 
* Adj. Cash Flow -  Recasting provides an economic view of the company and allows meaningful comparison with other investment opportunities.
Additional business details are available to Principals only. You will be required to document your ability to complete the proposed transaction.  Please use this link to request more INFORMATION which will be sent to the listing office.
DISCLAIMER: All information contained in this document has been provided by the subject company or its agent, and while believed to be correct has not been verified. Accordingly, we makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that we shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by us of this document. At all times we are an agent for the seller and not for the buyer unless a specific agreement exists for us to act as the buyer's agent.

FOR MORE INFORMATION:

Contact:  Ken Puryear
Phone:  (910) 270-2927
Fax:  (910) 270-2928
Other:  (910) 620-1740
E-mail:  ken@vrwil.com
VR Business Brokers - Hampstead, NC
221 Hampstead Village
Hampstead, NC 28423
www.vrwil.com
The above company and/or agent is a licensed real estate broker/and or a business broker.
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