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UNDER LOI

Plumbing Business For Sale in Hamilton

Revenue:

$1,700,000

Ref #:

1482

Location:

Hamilton

- Very profitable plumbing business located 30 minutes west of GTA established for nearly 40 years

- Revenue of $2.02M and discretionary owner earnings of $723K in fiscal YE 2022

- Average revenue of $1.82M and average discretionary owner earnings of $690K in last 3 years

- Almost 100% revenue is comprised of service and installation work

- Almost 100% of the clients are commercial property owners or commercial property managers

- Services include plumbing repairs and installations, drain cleaning, sewer camera inspections, emergency services, basement flooding inspection etc.

- Provides great customer service to its clients and has become go-to plumbing service company for property owners, property managers, and small businesses

- Staff of 8 employees besides the owner

- Huge potential to grow business by leveraging the current brand, increasing advertising spend and hiring more staff

- Business can be easily relocated within GTA and also has a possibility to operate from a home office

- Seller is a master plumber and is willing to stay in a similar capacity for upto a period of 2 years to assist with the transition

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