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NEW

Plumbing Business for Sale in Kitchener - Waterloo Area

Revenue:

$900,000

Ref #:

4713

Location:

Kitchener - Waterloo

- A profitable full range of residential and commercial plumbing services business established in Kitchener and Waterloo area for more than 11 years

- Business offers a complete set of plumbing services including inspections, repairs, new installations and retrofits

- Business also offers heating services such as In-floor heating, boilers, radiant heating, and natural gas pool heaters

- Core services include drain cleaning and plumbing services

- Core clients are diversified commercial and industrial sector, with loyal key accounts in food plants and automotive

- Average revenue of over $900K and average owner discretionary income of $360K during last three years
Business price includes equipment of $150K approx.

- More than 90% of revenue comes from the industrial and commercial sector performing new projects or service jobs

- More than 85% of the revenue is through repeat business

- Staff of 5 FT and 1 PT, non-union employees including the owners

- Huge potential to grow business by increasing the marketing activities, through advertising and direct sales

- Business has 3 internal service vans on the road

- Operates from owners' residence, facilitating the business relocation post acquisition

- Business is owned by two partners, one of whom is looking to retire quickly, and the other partner will consider staying for a period of up to 1 year (extendable subject to mutual agreement with the buyer)