Commercial Plumbing Company - Central Ohio
Business Description & History
This Commercial Plumbing Company was established in 2004 by its still current owners. It is located in central Ohio and primarily provides commercial plumbing services throughout the State of Ohio by virtue of its well-developed relationships with numerous general contractors that utilize them as their preferred plumber for repetitive new construction and remodel projects (typically in the $20,000 to $50,000 per project range) for various small box national chain stores, auto part stores, and restaurants, etc. It also performs limited residential plumbing services within central Ohio primarily on behalf of Home Warranty Company clients.
Gross Revenues well exceed $1M annually
Adj. EBITDA / Seller Discretionary Earnings exceed $250,000
Asking Price, Reason For Selling, and Potential:
Asking Price: $495,000 + inventory at cost
Reason For Sale: Owners desire to retire but will agree to provide transition and consultation.
Potential: Owners indicate that they have been turning away a great deal of work that they do not pursue on account of their desire to work less rather than more at this point in their lives.