Price
$495,000
Profit *
$347,000
Sales Revenue
$1,270,000
Location
Melbourne Region, Burwood
Category
Industrial Manufacturing, Building and Construction
Listing #
ME03343
This is an outstanding opportunity to acquire a well-established plumbing services business that has been servicing East and South-Eastern Melbourne for years.
Operating from a well-appointed facility in an industrial park, the business benefits from long-standing customer loyalty, high return rates, strong referral business, and an excellent website. The client base is impressively diverse, encompassing residential properties, schools, childcare centres, churches, builders, demolition contractors, and small businesses.
As a registered service provider for property managers, real estate agencies, and commercial properties, the business enjoys consistent workflow with a long list of approved work in the pipeline, plus regular daily servicing and repair clientele.
*Annual revenue: $1,270,000
*SDE: $347,000
*83% gross profit margin; COGS at 17%
*5-day trading with weekends off
*Employees with 4–12 years’ tenure: 4 full-time staff plus owner full time and partner who works (20 hrs/week)
*3 fully fitted vehicles and comprehensive plumbing equipment valued at $160,000 included in the sale
*378 sqm premises with offices, storage, reception, boardroom, and 5 car parks
*Vendor owns the property. New lease available
*4.9-star Google rating from 260+ reviews
*Prominent website with strong SEO and an established social media presence
*Growth potential: expand services into other Melbourne metro regions
This is truly a highly profitable plumbing business with excellent owner returns and growth potential! Contact Gerry today to learn more.
Listing ID: ME03343
Broker: Gerry Morelli
Phone: 0417 353 120
Email: [email protected]
Note that details of the business for sale may be confidential and disclosure is subject to completing a Confidentiality Agreement and is at the discretion of the Broker.
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*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.
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