Profitable Plumbing Franchise - Thompson Valley
This business has a reputation for delivering quality work with professional and courteous interaction with clients.
The company caters to both residential and commercial clientele. The range of services include plumbing installations and repairs, drainage installation and cleaning, excavation services and commercial kitchen grease trap clean-out. Commercial clients include some high profile businesses.
Coming off of their best year, this business is set to expand with an experienced team and manager driving increased revenue and decreased expenses. A new owner could oversee from a distance or become involved in a more full-time role.
Note: Listing Price $699,000 + inventory.
Lease Expiry Date: Owned by Seller - will negotiate a new lease with the Buyer.
Asking Price
669,000
Annual Sales / Revenue
1,596,394
EBITDA
230,000
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Business Key Points
- Well-know Franchise.
- Consistently profitable.
- 2022 Was the best year since the current owners took over.
- Absentee owners.
- Experienced manager and staff.
Property Documents
Location
Available after signed NDAProperty Description
Plumbing, Drain Cleaning and Excavation Franchise in the Thompson Valley with consistent income and net profit.
This business has a reputation for delivering quality work with professional and courteous interaction with clients.
The company caters to both residential and commercial clientele. The range of services include plumbing installations and repairs, drainage installation and cleaning, excavation services and commercial kitchen grease trap clean-out. Commercial clients include some high profile businesses.
Coming off of their best year, this business is set to expand with an experienced team and manager driving increased revenue and decreased expenses. A new owner could oversee from a distance or become involved in a more full-time role.
Note: Listing Price $699,000 + inventory.
Lease Expiry Date: Owned by Seller - will negotiate a new lease with the Buyer.
Facilities Overview
The facilities are located in a residential commercial location and owned by the Sellers. The building is 1,816 square feet and as part of the purchase of the business the owners will enter into a new lease which will be negotiated.
Business Growth/Expansion
Currently, there is more business than the company can service.
The new owner could develop a recruiting and training plan to attract current and new employees into the business.
The company currently does excavation work, some of which is not tied to the drainage work. This revenue stream could be expanded by investing in an excavator so inquiries can be contracted without the need to use an outside operator.
The Franchisee has the rights to Water Restoration which will offer the new owner the opportunity to set up this separate division that will add to income.
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