Revenue for this plumbing business was close to $1,000,000 in 2018 and EBPITDA was circa $150,000, 2019 is expected to exceed those results. And yet the asking price is just $150,000 + stock (approx. $25k).
If you are an experienced plumber wanting to own your own company or an existing business looking for step change in revenue and profit, then this is an opportunity not to be missed.
Carrington Plumbing are specialists in high end renovations, new builds, and hydronic central heating systems. They have operated in the Wellington market for 14 years and during that time have won several prestigious awards, including last years Supreme Winner of House of the Year.
Despite running a very successful business, the owner has decided the time is right to relocate with his family. He is highly motivated to sell and has priced the business well below its market value.
Although currently operated by a full time working owner, the business has four full time employees which include two certified plumber/gas fitters and two apprentices. Tools of the trade, a fully functional website, and established client relationships allow this business to continue to operate functionally as it does today.
This opportunity will provide an exceptional reward for a working owner, or offers step-change in revenue and profit if integrated with a compatible business, and at this price it is too good to ignore.
The expectation is that this business won't last long, so don't hesitate to contact me. Belinda Wotton - 027 276 9029.
Price $150,000 + estimated stock value $25,000