Under Contract
Under Contract
Multi-Generational Plumbing Business
$2,400,000
Travis County, TX
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Gross Revenue
$2,191,351
Owner's Cash Flow
$746,015
Min Down Payment
$240,000
Employees
10 FT
Business Summary
The business was originally established in 1947 in College Station. In 1985, the business expanded to Austin, where the third generation of the owner's family introduced the business. Over the years, the company has built a solid reputation, known for its dedication to quality service and integrity.
Key Highlights
Year established
1947
Real estate
Owned will lease
Reason for selling
The current owner is looking to retire.
Support and training
The current owner is willing to remain involved in the business for a transition period of three to six months to help with the transition.
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Consolidated Cashflow
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2020 | 2021 | 2022 | |
---|---|---|---|
Gross Revenue | $2,212 | $6,250 | $1,661 |
COGS | $7,537 | $571 | $9,495 |
Gross Income | ($5,325) | $5,679 | ($7,834) |
Operating Expenses | $2,779 | $1,180 | $4,591 |
Operating Incomes | ($8,104) | $4,499 | ($12,425) |
Net Other Income (Expenses) | ($8,415) | ($5,464) | ($5,467) |
Net Income | ($16,519) | ($965) | ($17,892) |
Interest | $6,108 | $9,143 | $8,902 |
Depreciation | $4,483 | $4,656 | $2,737 |
Amortization | $7,585 | $6,757 | $2,124 |
EBITDA | $1,657 | $19,591 | ($4,129) |
Add-backs | $65,922 | $61,031 | $61,471 |
Owner's Cash Flow | $67,579 | $80,622 | $57,342 |
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