Plumbing Company

– Located in St Lucie County, FL

– Business opened in August of 2022

– Tons of great reviews

– Leases property at $2600 a month

– Lease is a one year lease but can be renewed

– Business is located on a busy road

– Service area – Boca Raton to Melbourne

– 10 employees (All W-2’s)

– Service mgr, office mgr, 2 office personnel, 5 guys in the field, 1 helper

– Service manager handles the sales

– 7 vehicles years 2015-2023 (4 of the vehicles are newer)

– 2 jetter machines and other equipment totaling $50,000

– About $20,000 in inventory

– 14,000 customers currently and have not been targeted for marketing

– 99% service work. No new construction jobs

– 99% residential work

– Tracking for around $2,500,000 in sales for 2025.

– Started memberships recently – about 50 memberships so far, renew every year, $10-$70 a month

– 8am – 6pm working hours, 7 days weeks, no emergency calls

– Business completes 330-400 jobs a month

– Types of jobs: Water heaters, leaks, re-pipes, toilets, cameras, water lines

– Jobs come from leads (e-local, result calls), referrals, Google, Facebook, fliers

– There is an outside qualifier that will continue to qualify the business for $1,500 a month.

– No one else in the company that has a master plumber license but several can go take the test because they already have the hours needed

– Reason for the sale: Owner is going to focus on his HVAC business

– Owner will transition for 2-3 months

– Owner does not work in the business

– Fully approved by the SBA