Under LOI

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Semi-absentee Owner Plumbing Business For Sale

Revenue:

$1,041,000

Ref #:

7087

Location:

Greater Toronto Area

* Very profitable full-service plumbing business established in GTA for nearly 20 years

* Normalized seller discretionary earnings of over $260K in YE 2021

* Revenue of $1.04M in fiscal YE 2021. Almost 100% revenue is comprised of service and installation work

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

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

* Business has won many awards and has earned hundreds of five-star reviews and ratings on third-party websites like Google, Homestars, Facebook etc.

* Staff of 4 FT employees and 3 subcontractors capable of running business with low owner involvement. Employees work on a commission structure and are incentivized to produce results for the business

* 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, works 15-20 hours a week in the business and spends rest of his time on other business ventures

* Seller is willing to stay as a consultant for a negotiable period of time