Pictures are stock images and are not indicative of the actual business.
Purchase Price $209,000
*Annual Cash Flow $99,000
Sunbelt Listing ID: N1840-BB
Plumbing company for sale that specializes in leak detection. Business locates and detects leaks for homeowners, businesses and industrial facilities. Services include video inspections, pipeline locating, smoke detection and other processes used to locate hard to identify fluid and gas leaks and sewer gas odors. Company also provides plumbing repairs and services. Leak detection equipment is included in the purchase. Well established in the North Houston area. The seller is willing to train a new owner for a smooth transition into the business. Great online reviews, low overhead and 17 years in business makes this a great opportunity!
Competition is low for this specialized niche business. If you want a business with no employees and freedom to be your own boss, this might be the business for you.
Growth / Expansion Overview:
This business is ideally set up for expansion. The company has an excellent reputation and any effort to actively market the business should generate impressive results. Business has 5 star Google rating, a 5 Star Yelp rating and an A+ rating on Angie's List. Website is very basic and could benefit by increasing it's effectiveness on mobile platforms which now dominate web search.
Business could expand into leak detection for pools which is a huge market not currently served by the company.
Support / Training Comments:
The seller understands there needs to be a thorough training and transition period after closing the sale to prepare the buyer to take over the business. During this transition period, Seller will provide on job site training for Buyer. In addition, Seller will introduce Buyer to customers, suppliers, and referral sources. After the transition period, the Buyer and Seller will have a consulting arrangement whereby Buyer can continue to have access to Seller's experience and counsel.
This business has the characteristics of businesses that are purchased using a Bank offering SBA Loans. Assuming the Buyer qualifies, it is likely a Buyer could purchase this business with a down payment under $39,000. The balance of the purchase price would be funded with the proceeds of an SBA loan.
Reason For Sale:
Owner is retiring after the transition and training period for the new owner is complete.
Presented by Sunbelt Business Brokers – Houston, Texas; a member of the Sunbelt Business Brokers Network, the largest organization of business brokers and M&A professionals worldwide. Call Ben Brickford at 281.440.5153 for complete details.