SBA Approved: Absentee Run Plumbing Franchise SC2056

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SBA Approved: Absentee Run Plumbing Franchise SC2056

Listed by Business Broker
SBA Approved: Absentee Run Plumbing Franchise SC2056

Asking price $2,750,000


Cash Flow: $991,527

Gross Revenue: $3,062,000

EBIT DA: No Data

FF&E: $250,000

Inventory: $250,000

Established: 1991

Type: Franchise

Business listed by:
Brett Sargent
Sunbelt Business Brokerage of Sacramento

Business Description:

This Northern California plumbing franchise is a California S Corporation and was started 30 years ago and has been owned for the past 8 years by the current Owners. This business operates 7 days per week, 24 hours a day, providing both commercial plumbing and residential plumbing services. Commercial services range from water leaks, water heaters, water jetting, sewer, backflow and sump pumps. Residential services range from septic and waste water, water heaters, drains, dishwashers and bathroom plumbing, just to name a few. There is also a wide array of branded products that are sold as well, including grease trap treatments, digestants and septic tank treatments. A C36 plumbing license is required to operate the business.

Competition Description

The competition landscape is fragmented and does not have the consistency as this business. Some are overpriced, some cannot do encroachment work, some only do commercial, some only do septic, some do only drain clearing. No one offers the complete set of services and 24 by 7 coverage as this business does.

Growth / Expansion overview

Since this is a national well recognized franchise, a number of their leads come from customers who recognize the name but also from repeat customers that return along with marketing they do in newspapers, direct mail, internet, Television, SEO optimized website and social media.

Support / Training Comments

The Seller is willing to provide training at 30 hours per week for 4 weeks for the new Owner. Additional training is available from Sellers at a mutually agreed upon price. Corporate Franchisor training is also available.

Financing Comments

Seller willing to finance up to 25% of the transaction at 7% interest over 5 years dependent on the price and buyer qualification.

Home Based: No 
Year Established: 1991 
Franchise: Yes 
Year Acquired: 2013 
Willing to Train: Yes 
Relocatable: No 
Required Licences: C36 Plumbing License
Is Property Leased: Yes 
Real Estate Available: OPTIONAL
Real Estate Included: No 
Real Estate Value: N/A 
Real Estate Asking: N/A 
Days Open: Monday-Sunday 
Hours Open: 24/7 
Full-time Employees: 13 
Part-time Employees: N/A 
Is Management Staying: No 
Distressed: No 
Monthly Payroll: ON REQUEST 
Building Size: 3600 sq. ft 
Monthly Rent: $5,500


Broker: ProEquity Asset Management Corporation License ID: 01870526

Selling Reason:

Sellers are looking to semi-retire

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