Profitable Plumbing Supply Business

Wilmette, IL (Cook County) (Franchise)

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Asking Price: $299,000                           Cash Flow: $80,000

Gross Revenue:             $825,000                                                          Inventory:                 $1,000,000

EBITDA:                               $30,000                                                            Lease Rate:               $14/SF/Month

FF&E:                                    $5,000                                                              Established:              1986

 

Business Description

This is a great business for someone looking for low entry level training but wants to make a good living. It has consistently produced “take home” for the owner of close to $100K. There is a Huge upside for someone that can establish internet sales, get an in-house plumber for the installs, and work more closely with general contractors in the area. The inventory that will generate money for the business is excellent and is beyond what is needed to maintain sales. It is often bought at very low pricing and later sold for large profit. This is now to be included in the sale price Motivated seller will consider all reasonable offers for a win win deal. Here is an entrepreneur’s dream!!! Don’t wait! This is the only plumbing suppy, outside of the large national chains, in this area of the Chicago Suburbs. They have excellent customer service and a great inventory for the hard to get parts. They have an excellent name and have been in this area for 30+ years. Once internet sales are added there is a huge upside. Also available is the use of an in-house plumber for the installs for customers that request this. This can easily unlock several hundred thousands each year.

Detailed Information

Employees

5

Facilities

Leased – 4,500 sqft
This is an inventory business. There are tremendous amounts of materials that are in the back of the store. Everything has a value and will sell over time. It is difficult to place an exact value on this inventory.

Growth & Expansion

The internet sales for plumbing supply is just starting to be a major factor. The business has never started this so there is actually a very large upside for future potential.

Financing

Possible / Negotiable

Support & Training

Seller will provide. Experienced staff will maintain sales.

Reason for Sale

Retiring