Established Plumbing Business in Coastal SC

Featured on BusinessForSale.com . 28 viewed

Asking Price

$599,999

FOR SALE - ACTIVE

Detailed Information

Location

Myrtle Beach, South Carolina, US

Reason for selling

Not Provided

Real Estate

NA

QUICK STATS

BUYER ANALYSIS

Down Payment

% down

Payback Period

months

Annual Debt Service

% interest, year term

Cash Flow After Debt Service

Debt Service Coverage

x

COMPANY FINANCIALS

Cash flow

(% CF Margin)

Revenue

Furniture, Fixture &
Equipment

Inventory

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Business Description

This long-standing plumbing business, established for over three decades, covers an area from North Myrtle Beach to Georgetown. It operates without a physical storefront, with the owner as the sole employee working from home. Boasting a healthy mix of residential and commercial clients, the business relies heavily on referrals for its service-based operations. The business, with a stable financial history, is primed to achieve over $600,000 in gross sales by 2024. It presents a valuable opportunity for acquisition, especially for a company seeking to augment revenue with minimal operational impact by adding just one plumber. SBA-approved and fully supported by the current owner during a transition period, the sale is driven by the owner's retirement at the age of 65, ensuring a seamless changeover for customers. Noteworthy for its consistent performance and high profitability, the business offers significant growth potential with targeted marketing. Included in the sale is a fully equipped van from 2018. Financial data from recent years, factoring in various

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