Plumbing Company - OC, Residential Services, Long-Term Customers!

This well-established plumbing company is a great opportunity for someone looking to acquire a profitable business with long-term, repeat customers, and long-term employees. The key highlights of this business are: -Over 80% of the revenue comes from long-term relationships with various property management companies! - 75 to 100 repeat customers! - Total database of 2100 customers! - Vast majority of the revenue comes from residential plumbing services; very few commercial accounts! - No new construction work! - Experienced and long-term staff! - Stable revenues with strong profit margin! - Retirement sale - Seller will help facilitate a smooth transfer to the Buyer! The Seller manages the business, but does not do plumbing work. 4 plumbers on the team handle the plumbing jobs. Inventory: Seller recently acquired a large quantity of water heaters and plumbing supplies. Total estimated value of the inventory is approximately $180,000. The ideal buyer will be another plumbing company that is seeking to expand through an acquisition, or someone with a C-36 Plumbing Contractor's license (or ability to obtain such a license quickly). SBA financing is available for a qualified buyer with 20% downpayment or less. Location: Orange County, California Year Established: 1991 Number of Employees: 6 Relocatable: Yes Real Estate: Leased Building Sq. Ft.: 2,774 Rent: $3,339.00 Per Month Lease Expiration: 12/31/2022 Facilities: Business is located in an industrial office complex very close to the 405 fwy. It is a convenient location to service the business' customer base which is mostly throughout Orange County with a few customers in LA county. 2,774 sq ft includes offices and warehouse space. Lease expires in December 2022 and may be renewed by the Buyer, or a Buyer may relocate the business to their own space. Market Outlook/ Competition: Plumbing services are in good demand. Buyers are advised to conduct their own due diligence on all aspects of the business including market and competition.