Franchise Plumbing Company

intermediary profile

September 03, 2024

by an intermediary from The University of North Carolina at Chapel Hill - Kenan-Flagler Business School in Charlotte, NC, USA

This plumbing franchise operates as a full service residential and commercial plumbing company with a long history of profitability. For many years this company has been helping homeowners and businesses with their plumbing needs in Charleston, Mt. Pleasant, Summerville, North Charleston and the surrounding areas in the Charleston Region. Contact Marc Williams for more Information 843/###-###-#### or redacted Established Franchise Plumbing Company Charleston County, SC Asking Price: $2,050,000 Cash Flow: $729,869 Gross Revenue: $3,449,096 EBITDA: $729,869 FF&E: $651,937 Inventory: $183,982 Rent: $2,500 per Month Established: 2017 Business Description This award-winning plumbing franchise operates as a full service residential and commercial plumbing company with a long history of profitability. For many years this company has been helping homeowners and businesses with their plumbing needs in Charleston, Mt. Pleasant, Summerville, North Charleston, and surrounding areas in the Charleston Region. There is a strong operating structure in place with skilled managers in place; over $650,000 in FF&E; almost $200,000 in inventory; a strong earnings history and an existed project backlog waiting on the new owner of over $675,000 with a team of professionals in place and assigned to those jobs. Detailed Information Location: Charleston County, SC Inventory: Included in asking price Real Estate: Leased Building SF: 1,900 Lease Expiration: 7/31/2026 Employees: 11 Furniture, Fixtures, & Equipment (FF&E): Included in asking price Facilities: The 1,900 square foot office/warehouse facility has ample room for inventory and work areas. Ample assets include a dozen well-maintained trucks and vans. Competition: There are competitors but the growing Charleston Region is not lacking for both residential and commercial customers. Growth & Expansion: Revenues continue to grow and the opportunity exists to continue this trend. Financing: SBA financing is available. Support & Training: The current owner will provide extensive support and training for 30 days and possibly beyond on a negotiated basis. And, of course, ongoing franchise training and support will be made available for the new owner. Reason for Selling: Now that the owner’s children have moved onto college, the owner is ready to retire. Franchise: This business is an established franchise
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Reply by a searcher
from University of Wisconsin in Hopkinton, MA, USA
Thanks for the tag, ^redacted‌. ^redacted‌ — is there a CIM available, other franchise locations associated with the business for consideration? Appreciate any insights.
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Reply by a searcher
from Biola University in North Tustin, CA, USA
If this is a Mr. Rooter franchise, there are two locations in SoCal near me for sale and talking to several other franchise owners, many others are considering retiring/selling. All of those I’ve spoken with say business is flat to slightly down over last year.
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