Highly Profitable West Michigan Plumbing Company

This opportunity is a full-service plumbing company for sale in West Michigan that offers a wide array of services, including but not limited to the repair and installation of plumbing systems, drain cleanings, water heater services, backflow testing, and PFAS treating. Additionally, the Company specializes in kitchen and bathroom remodeling. The Company completes work for the purposes of new construction, remodels, and retrofitting existing plumbing systems.

The Company was founded 25 years ago and is owned and operated by the original founder. The owner and the owner’s spouse are both actively involved in the Business on a full-time basis. The owner serves as the main communication liaison between prospective customers and fulfills all quoting duties. The owner’s spouse oversees HR, payroll, payables, receivables, and treasury duties.

The Company’s staff is a mix of experienced employees and young newcomers who hope to grow alongside the Company. From an employee standpoint, the combination of both younger and more experienced employees fosters future success as the newer employees are granted the opportunity to learn directly from their co-workers and gain valuable experience. Working alongside these experienced team members prepares the new employees to take over without ever missing a beat when the time is right.

The Company currently operates out of a facility owned through the owner’s real estate holding entity. The property is extremely well-maintained and visually appealing, both on the interior and exterior. The facility has an estimated market value of $1,000,000. Ownership is flexible regarding the sale or lease of the real estate.

Additional Information

Real Estate: Owned through a related entity. The owner is willing to sell or lease.

Facilities:  The Company occupies 6,579 square feet of the total 9,825 square feet, while the remaining 3,280 square feet is leased between two non-related third parties. The Company’s occupied space encompasses 5,200 square feet of warehouse space and 1,379 square feet of office space. The office space includes four individual offices, a conference room, and a lunchroom, while the warehouse space features four bay garage doors for easy access. Both the building’s interior and exterior are in excellent shape, structurally and visually.

Total Building Size: 9,825 square feet

Number of Employees: 14 full-time, 3 part-time

Year Established: 1996

Seller Financing Available: Yes

Support/Training: Ownership is willing to provide reasonable and customary assistance during the transition period.

Reasons for Selling: Ownership would like to pursue retirement.

Investment Highlights

(1) Established Reputation for Quality: The Company is best known for its reputation above all else. The Company is consistently regarded as knowledgeable, dependable, and friendly. These qualities stem from the Company’s commitment to putting customers first and a shared vision across all employees and management to deliver high-quality customer experiences.

(2) Strong Financial Performance: The Company has shown consistent growth and financial performances over the prior years, and especially so throughout 2020 and the COVID-19 pandemic. The Company’s management is forecasting new records in terms of both top-line revenue and bottom-line profits for 2021, illustrating both the management’s and employee’s commitment to the success, growth, and longevity of the Company.

(3) Extensive Community Involvement: The Company is heavily involved within the local community, as both the management team and employees enjoy volunteering and maintain a positive Company image. The current owner accredits much of the Company’s success and growth to the Company’s awareness and standing within the community, as the Company is often top-of-mind for anyone desiring plumbing and/or remolding services in the area.

Growth Opportunities

(1) Increase Recruitment from Local Skilled Trades Programs

(2) Further Expand into the Commercial Market Segment

(3) Implement a CRM Software to Improve Marketing Capabilities

The BEST way to receive confidential information about this opportunity is to fill out the form below.

Upon doing so you will receive a link via email to review and sign our confidentiality agreement. Once signed we will be able to further the conversation and send you the confidential Offering Documents. Please contact [email protected] with any questions. Interested parties must demonstrate proof of financial capability, sign a Non-Disclosure Agreement, and answer a few questions related to their background and interests. Enquire today about this profitable plumbing company for sale in West Michigan!

Financial Performance

  • Forecast Dec 2021 Revenue

    $2,614,040

  • Forecast Dec 2021 SDE

    $548,000

  • Real Estate Value

    $1,000,000





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Calder Capital, LLC