100% Absentee Owned Fast Growing Plumbing Service Company

100% Absentee owned plumbing service company focused on the property management industry. Founded in 2018 with absentee ownership in mind, this company has experienced explosive growth due to it's reliable service, customer relationships, and the fast growing Florida rental market. Lead by an experienced management team, the owner currently works only 1-2 hours per week reviewing accounting and bookkeeping for the company. By leveraging technology and systems the company has everything in place to facilitate employee operational and financial accountability allowing for the company to thrive under absentee ownership. The company is currently design for all employee to work remotely allowing for a streamlined and lean operational structure. All of these factors have combined to create a remarkable business ideal for am acquiring owner to continue the path of absentee ownership or lead the company in a hands on role, taking the business to the next level.

Down Payment: $1,197,000

Total Sales: $1,366,470

Cash Flow: $284,499

EBITDA: $271,662

Accounts Receivable Included: No

FFE: $155,000

FFE Included: Yes

Inventory: $31,000

Inventory Included: Yes

Year Established: 2017

Days & Hours of Operation: 8am-5pm Mon-Fri

Owner Hours Per Week: 2

Managers: 1

Franchise: No

Reason For Sale:

Discuss with seller

Training & Support:

Seller is offer 14 days of training at no cost to a buyer.

Financing/Terms:

The Seller has offer a 5% seller note to assist a buyer with SBA financing if required.
$63,000 for 60 months at 6.75% interest.