Opportunity Highlights
Annual Figures 2024:
- Gross Sales: $2,874,106
- Net Profit: $648,562
Expenses 2024:
- Materials: $599.115
- Salaries & Wages: $983,008
Business Overview
- Located in St Lucie County, FL
- Business opened in August of 2022
- Tons of great reviews
- Leases property at $2600 a month
- Lease is a one year lease but can be renewed
- Business is located on a busy road
- Service area - Boca Raton to Melbourne
- 10 employees (All W-2's)
- Service mgr, office mgr, 2 office personnel, 5 guys in the field, 1 helper
- Service manager handles the sales
- 7 vehicles years 2015-2023 (4 of the vehicles are newer)
- 2 jetter machines and other equipment totaling $50,000
- About $20,000 in inventory
- 14,000 customers currently and have not been targeted for marketing
- 99% service work. No new construction jobs
- 99% residential work
- Tracking for around $2,500,000 in sales for 2025.
- Started memberships recently - about 50 memberships so far, renew every year, $10-$70 a month
- 8am - 6pm working hours, 7 days weeks, no emergency calls
- Business completes 330-400 jobs a month
- Types of jobs: Water heaters, leaks, re-pipes, toilets, cameras, water lines
- Jobs come from leads (e-local, result calls), referrals, Google, Facebook, fliers
- There is an outside qualifier that will continue to qualify the business for $1,500 a month.
- No one else in the company that has a master plumber license but several can go take the test because they already have the hours needed
- Reason for the sale: Owner is going to focus on his HVAC business
- Owner will transition for 2-3 months
- Owner does not work in the business
- Fully approved by the SBA