Successful Plumbing Contracting Opportunity
About this business for saleSuccessful Plumbing Contracting Opportunity
Established over 40-years ago by the seller, this plumbing business has grown exponentially and profitability so. The business is continually busy to the point where business is often tuned away or passed on to associates in the industry.
Based in Durban North, the business is run from the seller’s home so it would need to be relocated to suitable premises with adequate parking for four vehicles included in the sale all of which are fundamental to keeping the work-teams independent and on the road.
This level 4 BEE rated business has an outstanding reputation and boasts an impressive, loyal client base comprising corporates, resorts, hotels, schools and body corporates. The business is also registered with the Iopsa Plumbing Institute and Master Builders Association.
Assisting the seller are a competent team of employees most of whom have been with the company for over five years. They are all well trained and able to work independently and without supervision.
The seller is more than willing to remain on in the business for an agreed period of time to ensure continuity and a smooth transition in ownership. Meticulous records are kept and these together with verifiable financials will be made available to serious buyers
Small tools and equipment are abundant and near impossible to value at second-hand replacement prices however, the seller is open to discussion without any real expectations.
I invite you to call me to discuss this business opportunity.
+27 83 376 1149
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.