Established, Profitable Plumbing Contractor. SBA Financing

This present owner opened this plumbing business in 1991. The firm provides plumbing, heating, fire sprinkler & back flow prevention services, to residential and commercial accounts, Ownership holds Master Plumber licenses in NYC and North Hempstead. Based on IRS data (without potential additional income) with a buyer investment of $208K, SBA financing of ~$1.77MM could be available to a qualified buyer. Obviously, the bank would prefer a buyer with plumbing experience. The business provides well over 90% of its services within a 5-mile radius of the office, minimizing travel time for its crews. Ownership estimates that service represents 90% of the business and the balance is boiler installations and new construction. The company provides full-service plumbing repairs, alterations, and new construction. The firm is also recognized as an expert in hydronic and steam heating systems in residential and commercial buildings.