Here is a rare chance to acquire a well-established, highly profitable business in the plumbing and home services industry. With consistent revenue, high margins, and strong cash flow, this company is an attractive investment for strategic buyers and investors. Serving both residential and commercial customers, here’s why this company stands out:
Business Overview
• Industry: Residential and Commercial Plumbing Services
• Years in Operation: Since 2019
• Location: Based in San Diego, CA
• Ownership Structure: Two partners, allowing for a smooth ownership transition post-sale.
Financial Highlights
1. Consistent Revenue and Growing Profit Margins:
o 2024 Revenue: On track to hit $500,000 in Gross Profits
o Revenue Trend: Revenue has remained stable and is increasing
o Very minimal debt, will be paid off with sale of business
Operational Strengths
• Optimized Expense Management: The company has implemented cost efficiencies that contributed to lower COGS in 2023, resulting in higher profit margins. This streamlined cost structure reduces operational risk and enhances profitability.
• Asset-Backed Security: The business has made significant investments in vehicles, equipment, and tools, which provide value to new owners and reduce the need for immediate reinvestment.
• Growth Potential: An established reputation and customer base present multiple growth opportunities. With options to expand services or scale geographically, new owners have significant potential to increase revenue. Future owner can offer services such as 24hr emergency services, pipe lining, restoration services and other non-light duty services for at least $100,00 plus in additional revenue!
Current services are categorized as light duty and include:
Aluminum Gutter Installation
Downspout Installation
Drain Installation
Emergency Services
Faucet Repair
Gutter Cleaning
Gutter Repair
Pipe Installation
Sewer Services
Sink Repair
Toilet Repair
Water Heater Installation
Downspout Cleaning
Downspout Repair
Drain Cleaning
Faucet Installation
Garbage Disposal Repair
Gutter Installation
Leader Head Installation
Pipe Repair
Sink Installation
Toilet Installation
Water Filter Services
Location:
San Diego, CA
Employees: 3
Facilities:
The asset being sold is the customer/client list (with service contracts) and the attached generating revenue that accompanies it. (Home Based)
Financing:
Seller willing to finance a portion of the sale.
Business Overview
• Industry: Residential and Commercial Plumbing Services
• Years in Operation: Since 2019
• Location: Based in San Diego, CA
• Ownership Structure: Two partners, allowing for a smooth ownership transition post-sale.
Financial Highlights
1. Consistent Revenue and Growing Profit Margins:
o 2024 Revenue: On track to hit $500,000 in Gross Profits
o Revenue Trend: Revenue has remained stable and is increasing
o Very minimal debt, will be paid off with sale of business
Operational Strengths
• Optimized Expense Management: The company has implemented cost efficiencies that contributed to lower COGS in 2023, resulting in higher profit margins. This streamlined cost structure reduces operational risk and enhances profitability.
• Asset-Backed Security: The business has made significant investments in vehicles, equipment, and tools, which provide value to new owners and reduce the need for immediate reinvestment.
• Growth Potential: An established reputation and customer base present multiple growth opportunities. With options to expand services or scale geographically, new owners have significant potential to increase revenue. Future owner can offer services such as 24hr emergency services, pipe lining, restoration services and other non-light duty services for at least $100,00 plus in additional revenue!
Current services are categorized as light duty and include:
Aluminum Gutter Installation
Downspout Installation
Drain Installation
Emergency Services
Faucet Repair
Gutter Cleaning
Gutter Repair
Pipe Installation
Sewer Services
Sink Repair
Toilet Repair
Water Heater Installation
Downspout Cleaning
Downspout Repair
Drain Cleaning
Faucet Installation
Garbage Disposal Repair
Gutter Installation
Leader Head Installation
Pipe Repair
Sink Installation
Toilet Installation
Water Filter Services
Location:
San Diego, CA
Employees: 3
Facilities:
The asset being sold is the customer/client list (with service contracts) and the attached generating revenue that accompanies it. (Home Based)
Financing:
Seller willing to finance a portion of the sale.
Property Details
Price:
$500,000
MLS #:
PT24231226
Status:
Active
Baths:
0
Address:
8631 Potrero Street
Type:
Business
Neighborhood:
92114encanto
City:
San Diego
Listed Date:
Nov 8, 2024
State:
CA
ZIP:
92114
Lot Size:
14,000 sqft / 0.32 acres (approx)
Schools
Interior
Exterior
Parking Spots
0.00
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Courtesy of Pretorian Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than BUSINESS MA include the name of the listing broker. Neither the listing company nor BUSINESS MA shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved. 8631 Potrero Street
San Diego, CA
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