Long established Plumbing Business - Eastern Suburbs PRICE REDUCTION
Under Contract / Offer
- ID Ref MGPlumbing
- Suburb Sydney
- State NSW
- Status Under Offer
Business DescriptionThis is a fantastic opportunity for an established plumbing business looking to expand or for a qualified plumber wanting to buy their own well established, profitable business.
The business has a substantial customer base of customers ranging from Real estate agencies, strata, commercial clients, pubs, restaurants, private work and developers.
There is little need to advertise as after years of trading they have built a database or regular clients and also receive a great deal of word of mouth referrals.
*PRICE REDUCTION from $295K to $240K. Owner is looking for a quick sale.
- Most of the work is Eastern Suburbs and some CBD
- Great systems in place, so no need to employ an administrator
- 2 plumbers (including the owner) and 1 apprentice
- Business will be sold with its extensive database
- Owner will provide a comprehensive handover, including introductions to key clients
- Sale includes a Truck, 4x4 Ute, various tools, jets etc valued at approx. $50,000
- 2018 Turnover = $741K
- 2018 Adjusted Net Profit to an owner operator = $236K approx.
- Broad spread of clients with no key dependencies
The business has a robust client database which is logged into both the management system and Xero which records names, addresses, contact information and job history.
Profit margins are healthy and there are excellent opportunities for further growth of both revenue and profitability with excellent systems and processes to increase job efficiencies.
The owner is ready to sell and offers are invited. For more information contact Matt Grech on 0408 299 888.
*Location description may be approximate and images may not be representative of actual business for sale.
THE PURCHASER TO MAKE HIS/HER OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF