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Plumbing & Piping / Commercial & Industrial

Strategic buyer wanted. Currently has $16 million under contract. An additional $18 million is projected at the same location within four years. Plumbing and air conditioning piping. Owners are concerned with maintaining quality work and meeting these growth needs with bonding capacity and working capital. One is in his upper sixties and ready to retire. The others would take an appropriate employment agreement. Current customer base will provide between $50 and $60 million in revenue within the next two years. Currently they have resources and are capable of $20 million in revenues annually. Over the years they have built an excellent reputation in commercial plumbing, piping and utilities. Prior to closure of several chemical plants, half of their revenues came from industrial rigging, plant maintenance, millwright and fabrication.

Asking Price:

Undisclosed

Gross Income:

$9,055,432

(last 12 months)

Cash Flow:

$1,240,729