Bison Deal Alert! Coastal Bend Plumbing Company.

Coastal Bend Plumbing Company! SBA Eligible!

Today we are bringing you a very long-standing plumbing company, located in the coastal bend of Texas. This 2^nd generation company was established in 1986 and sold to the current generation of owners in 2006. 

They have a team of 8 employees including:

· 1 master licensed plumber (owner)

· 1 master plumber (license is available)

· 3 Journeyman

· 2 Apprentices

· 1 Project/Office manager.

 2023

Revenue: $2,211,146 / SDE: $1,020,199

2022

Revenue: $1,899,607 / SDE: $361,859

2021

Revenue: $1,693,697 / SDE: $458,950

 The asking price for the business is set at $1.7M. Since SDE varies over time we used a weighted SDE of $654,322 for the valuation.

 Currently, the property that the business operates out of is being offered to buyers for purchase or lease. The valuation of the business includes a $96,000/ year lease subtracted from earnings.

 The buyer for this business will need to be able to have a day-to-day physical presence in the business as the current owner fills that role. Furthermore, since there is a master plumber with an open license on staff, there is a potential to use the employee’s license to satisfy any licensing needs. However, the employee is unaware of a potential sale at this time.

 Click HERE to sign the NDA to find out more. 

 Stay tuned for more deals launching soon,

Sincerely, 

The Bison Team