✅ Team in place ✅ Profitable ✅ SBA approved Here’s the breakdown 🧵👇
🚿 What They Do: ✔ Commercial + Residential ✔ New construction, remodeling, repairs ✔ 50% of revenue from service/repair = recurring work 💸
📍 Location: Southern Indiana (wealthy area) Been around since 1992 Strong referrals, low overhead
📊 Financials: Revenue: $1.6M Discretionary Earnings: $330K Expected growth: 5% Asking Price: $900K = ~2.7x multiple (fair, even good)
💼 Team: 10 employees (non-union) Office + project managers = semi-absentee ready Owner willing to train for smooth handoff
🏢 Facility: Leased space – 3,000 sq ft Inventory: $345K Equipment: $175K Plenty of room to scale with bigger team
📈 Growth Ideas: 📍 Build brand & better website 📍 Run ads – they don’t 📍 Expand into more areas 📍 More service contracts
👎 Downsides: • Inventory ties up a lot of cash • No strong online presence • Growth isn’t automatic – need to work it
Solid business with stable income and structure. If you want cashflow and don’t want to be in the truck yourself—this could be it.
DM me “Plumbing IM” and I’ll send you the full info deck.
Lots of these deals are getting scooped fast.