Location
Contact Person
Steve Barnett
Phone
805-370-5210
Annual Revenue
$ 1,025,191
Price
$ 500,000
Cashflow
$ 235,512
Category
Service Business
Year Established
2000
Employees
10
The business provides plumbing services for residential and commercial customers in and around the city of Lompoc, California. They are the largest plumbing company in Lompoc. Established in 2000, the business sits on a main traffic route that is passed by about 2,000 cars per day. In addition to the residential and commercial service, the business is open for retail customers to purchase repair parts and plumbing materials. A mix of 45% residential and 55% commercial customers provides a constant source of revenue. This is an opportunity to practice your trade, own your property and make a nice living in one of the most beautiful regions in the state. The business is listed at $500,000 and the property may be acquired for $350,000, or leased back from the owner.
Market Conditions & Competition
N/A
Financial Summary
N/A
Training & Support
The owner is committed to ensuring a smooth and successful transition to the new owner. He will introduce the Buyer to all of the key customer and vendor relationships and train the Buyer in the management responsibilities of the business. The owner is willing to train a new owner for 6 weeks at up to 20 hours per week.
Reason for Selling
The owner would like to retire.