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Amerivest Business Brokers

Residential Commercial Plumbing Contractor In Miami Dade County For Sale

Miami Dade County, Florida
Asking Price:
$2,500,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$3,268,215 (USD)
Cash Flow:
$722,064 (USD)

Miami based Commercial/Residential plumbing company with over $3.0 million in sales, in business for 27 years is available for acquisition.
Covering SE Florida with a higher concentration of projects in Miami-Dade County the company has extensive experience in new construction plumbing installations for Commercial Office Buildings, Industrial, Warehouse and Manufacturing Facilities, small to large tilt-ups, plus multi-unit developments.
The company has built an excellent reputation through competitive pricing, high quality work, professionalism, punctuality, knowledge and working to meet and exceed customer expectations. Currently the company has 25 highly trained and knowledgeable employees with 5 - 20 years of experience inclusive of managers, supervisors, plumbers, helpers plus an experienced office manager.
The company relies on its reputation and well-established relationships with general contractors, and developers in commercial and residential new construction and currently does not have a web-site or advertising budget for expansion into additional revenue streams.
The equipment list includes Mini-Excavator, Forklift, 2 trailers; 3 pick-up trucks; 3 Work Vans and general plumbing equipment used in the business.
Seller is offering 4 weeks of training included in purchase price and is willing to work as a consultant after the training period is over. Seller will train Buyer and/or new management in his duties during training and consulting periods.
Requires a Plumbing Contractor License, Seller is willing to act as RMO (Responsible Managing Officer) for Buyer until they can obtain their Contractor License or assist Buyer in hiring a permanent RMO/RME. 3M in backlog for the first semester of 2019 and 3.2M in the pipeline. Lender prequalified, 300,000 down payment

Property Information

Real Estate:

Real Property Included

Business Operation

Reasons for selling:

Retirement

Trading hours:

Mon - Fri: 8 am - 5 pm

Employees:
25
Years established:
27

Other Information

Support & training:

2 weeks at no cost

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Loan/SBA: 2,200,000 @7.0% for 120 months, 300,000 down payment

Furniture / Fixtures value:
$220,000 (USD) - included in the asking price
Inventory / Stock value:
$10,000 (USD) - included in the asking price
Relocatable:
This business can be relocated.

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