Franchise Plumbing Company

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
from University of Wisconsin in Hopkinton, MA, USA
from Biola University in North Tustin, CA, USA