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Home Business For Sale 30 year Residential Plumbing – FYE 2024 $802,000 profit
For Sale
Reference Number: bus5929
2 weeks ago
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30 year Residential Plumbing – FYE 2024 $802,000 profit

$1,120,000 PSAV

Reference Number: bus5929

Business Snapshot:

Revenue: 3425739
Stock Value: 50000
ROI: 68% p/a
Earning Type: EBITDA
Earning Type Value: 802674

Summary

30 year history with repeat customer base…...

For over 30 years this family owned and operated Plumbing & Gas maintenance business has serviced their many happy customers all over Perth. Having now established themselves as on of Perth most trusted and reliable plumbers the opportunity to walk into a turnkey business and make an unbelievable return from day one is now up for the taking.

The fleet of 6 vans on the road gives the brand presence to the owner that the one-man operators just can’t compete with. With administration support and schedulers in place the business is able to handle workloads that seem to be endless.

The customer base is made up largely of repeat business from a number of Real Estate and Strata Managers meaning they don’t have to spend on marketing and advertising to generate consistent revenues circa $2.5 - $3.0m annually.

Key Features:

1. Reputation: For over 30 years the business has become one of Perth’s most trusted Plumbing & Gas companies.
2. Skilled Team: The business comes with a team of 6 experienced and licensed who are dedicated to delivering high-quality services. They are supported by a well-trained admin team and the working owner.
3. Strong Customer Base: The business has established a loyal customer base that includes repeat business from Real Estate and Strata managers. The customer spread shows the top customer around 7% which further reduces the risk element of the business.
4. Strategic Location: The business is strategically located in a prime area with easy access to both residential and commercial districts enabling their plumbers to easily service all areas of Perth.
5. Operational Systems: The business comes equipped with well-defined operational systems, vendor relationships, and a well-organized workflow. This ensures a smooth transition for the new owner and minimizes disruptions to ongoing operations.
6. Highly Profitable: The business shows an extremely strong level of profitability with the 3-year Owner Operator average profit (2022 – 2024) at $768,000.

Included in the Sale:
• Brand name, logo, and all intellectual property.
• Existing customer database and client relationships.
• Skilled team of licensed professionals.
• Operational procedures and workflows.
• Vendor and supplier contacts.
• Equipment, Vehicles, and tools essential to business operations.

Whether you're an existing plumbing company looking to expand or a plumber looking to get into your own business then this will tick all the boxes.

FOR SALE: $1,120,000 PSAV

Contact the exclusive broker:
Reece O'Sullivan
Benchmark Business Sales & Valuations
M: 0419 198 584
T: 1300 366 521

If you’d like to know more about this business, go to our website www.benchmarkbusiness.com.au and use the reference: bus5929 to search for the business.

Please ensure you have the necessary capital before expressing an interest in this business.

The image shown is for illustration purposes only and may not be an exact representation of the business.
Benchmark Business Sales and Valuations

Reference Number: bus5929

30 year Residential Plumbing – FYE 2024 $802,000 profit

$1,120,000 PSAV

Contact Business Broker

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