Feasible Semi-Absentee National Plumbing Franchise SC2056

Seller Financing Available - Profitable Plumbing Business 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 also the quality of the Buyer. Reason For Sale Sellers are looking to semi-retire 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 Asking Price: $2,590,000 Gross Revenue: $2,377,146 Cash Flow: $449,394 Down Payment: ON REQUEST FF&E (Included): $250,000 Inventory: $250,000 Financing: Yes Business Location: Humboldt County, Northern California Broker: ProEquity Asset Management Corporation License ID: 01870526 Location: Humboldt County, California Year Established: 1991 Number of Employees: 13 Franchise: Yes Real Estate: Leased Building Sq. Ft.: 3,600 Rent: $5,500.00 Per Month Lease Expiration: 7/31/2023 Facilities: Is Property Leased: Yes Real Estate Available: OPTIONAL Days Open: Monday-Sunday Hours Open: 24/7 Website: www.sunbeltnetwork.com/sacramento-ca/buy-a-business/listings/listing-det Market Outlook/ Competition: 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: 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.