Plumbing Business For Sale in New_jersey

This well-known Residential Plumbing Contractor provides plumbing and heating services to residential customers and condo complexes in multiple counties in the area. The business currently operates from a conveniently located 1,700 sq. ft. leased shop. The ideal buyer should have a NJ plumbers license.

The company enjoys a strong competitive advantage in the service area through its reputation and pricing for the services they provide. The Company has a solid client list and a new owner can accelerate growth by tapping other areas of service.

It is projected that a new owner will obtain significant additional growth by expanding the service opportunities by adding employees and equipment. A new owner can also expand into commercial work and work with contractors on major renovations.

The company has been fully reviewed and conservatively appraised by an accredited national valuation firm at 4.3x EBITA (ttm). A full valuation report is included and there is $14,500 in Net Working Capital plus another $12,000 in Fixed Assets included in the deal. The business is pre-qualified by an SBA lender subject to buyer’s financials, and by implementing the proposed deal structure an owner operator will obtain almost $100,000 benefit in after-acquisition-debt cash flow in Year #1 – over 88% return on equity investment.

A comfortable transition period will be provided by the owner who truly wants to see the business continue to flourish. Seller will consider a mid-term consulting agreement thereafter.

(ALL DATA BASED ON SIGNED TAX RETURNS)

• Years Established: 2000
• Employees: 1
• Support Training: A comfortable transition period will be provided by the owner who truly wants to see the business continue to flourish. Seller will consider a mid-term consulting agreement thereafter.
• Reason For Selling: Retirement (consulting available)