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Construction

Established Plumbing Company (120+ Years), Large Recurring Client Base

Indianapolis, IN, USA
Listed 242 days ago
Established 1901

- Low multiple reflecting that the owner is the only employee, opportunity to build team around owner through transition period - SBA Pre-Qualified - Asking price includes ~$115K+ of fixed assets (3 vehicles + ~$75K in supporting equipment) - A rare opportunity to acquire a 120+ year old, recession-resilient plumbing service business with one of the strongest legacy brands in the Indianapolis market - Operations currently run with minimal overhead and virtually no marketing, creating substantial upside for a hands-on operator or strategic buyer - The Company has significantly more demand than it can service. Modernizing dispatching, adding tech infrastructure, expanding staff, and re-activating marketing channels represent immediate growth levers - Founded in the early 1900s, the Company has maintained a trusted reputation built over generations. Supported by a 45,000+ customer database - 250,000+ branded water-heater stickers installed across the city - Consistently stable annual revenue of ~$500K over the last four years - The Company delivers a comprehensive suite of high-margin plumbing services, including water heater installations (~50% of revenue), water softeners, sump pumps, leak detection, frozen pipes, full-home plumbing systems, and general repairs - Approximately ~50% of all jobs come from repeat clients

Real Estate Information

The Company currently operates out of a building owned by the Seller. The Seller is flexible on selling the building or leasing it to the new owner

Support And Training

Standard transition period

Market And Competition

The Company has more demand than it can currently service

Reason for Selling

Retirement

Financials

Asking Price
$ 450,000
RevenueMost Recent Year
$ 340,000
EarningsLast Reported
$ 167,000 SDE
Assets Value
$ 115,000
Seller Financing
Yes

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