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*** Sold *** Very profitable plumbing services business for sale in Pittsburgh, PA. This business has been serving the Pittsburgh, PA general area for decades and is recognized as a leader in the plumbing services they provide. Approximately 70% of the business services residential customers with the remainder of the business servicing commercial accounts. The current owner is ready to retire and sell to someone who will continue with the business he built. The buyer for this business may be an individual who wants a profitable plumbing business or a business owner who wants to grow through acquiring another plumbing company. With the extensive equipment package that comes with the business, a new owner has the equipment needed to continue growing the business. Sales have grown over the last few years and the revenue for 2016 is on pace for another banner year. The information for the seller’s discretionary cash flow analysis for this business was taken from the corporate tax returns. With limited add backs to the SDCF, financial institutions will be able to review the documents quickly. The buyer for this business should expect to put 20% down with the remainder being financed through the SBA. Typical loan would be amortized over a ten (10) year period.
Business continues to experience revenue growth. 2015 is projected to be another banner year.
Seller will provide a training and transition period for new owner.
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