A leading provider of quality plumbing services on the Northern Beaches and North Shore. They offer comprehensive services ranging from plumbing, gas fitting, draining, and maintenance services in these areas and have built an excellent reputation for remarkable professionalism courtesy and efficiency. The business prides itself as being highly results focused with years of experience ensuring their clients are been treated with quality service. They are qualified to take on all types of plumbing from commercial, industrial to small residential jobs. This also includes blocked drains, back flow installation and testing, safe and sanitary inspections and gas fitting.
The majority of the service income is repeat work from well-known and blue chip strata management and real estate companies who look after the rented properties on behalf of their property owners. Hence calls automatically come through to this business on a daily basis as the maintenance issues of these properties need to be attended to immediately. The owner has increased the customer base through referrals only – minimal marketing has been done.
Very stable business model with many years of consistency with the current clients with all clients situated on the North. The concentrated client base ensures staff never need to travel too far wasting time in transit.
Operates in a service industry that cannot be exported overseas or disrupted by the internet. Furthermore the business is not materially affected by the state of the economy or a change in Govt regulations. Enormous scope for scalability- huge development of new strata and commercial properties on the North shore is evident. The Vendor is prepared to enter into any reasonable handover period to ensure continuity of the business and to provide security and peace of mind to a new owner.
NOTE: The size and scale of this business will allow for an astute business person to run the business and grow it further through innovative marketing and people management. It is our opinion that a Buyer does not need to be a qualified plumber to own and grow this business. 2018 profit up 11% !!
- Current Status: Listed for Sale
- Code: RN 595
- Category: Non Food
- Type: Plumbing and Maintenance
- Location: Plumbing Maintenance- North Shore
- Sales: $1,267,731
- Period: Annual
- Net Profit: $628,000
- Stock: $10,000
- Price: $1,095,000
- Long Financials: Tax returns available for a due diligence
- Staff: Owner + 4
- Lease: Office is home based