Commercial Plumbing Outside of Detroit with Tenured Staff - Business for Sale
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Commercial Plumbing Business Near Detroit, MI
Detroit, MI, US
Added 1 month ago
Commercial Plumbing Services
A commercial plumbing and pipefitting business located outside Detroit, Michigan, serving industrial, healthcare, and municipal clients with a team of 11 employees.
Key Information
Asking
$925K
Revenue
$2.2M
Earnings
$225K
Multiple
4.1x
Key Highlights
- Business has 11 employees: 7 field technicians, 2 estimators, 1 bookkeeper, and 1 admin
- Client base is 80% repeat customers across industrial, healthcare, and municipal sectors
- Service mix is 75% plumbing and 25% pipefitting
- Assets included in sale are valued at $588,297, which includes vehicles, equipment, tools, trailer, and working capital of $247,709
- Business operates from a 5,000 sq. ft. facility with 3,500 sq. ft. shop and 1,500 sq. ft. office, leased at $2,250 per month
- Projected backlog is $1,000,000 with $600,000 in new projects in the pipeline to be bid on
- Master plumbing license is held by a team member, not the owner
- Owner is willing to stay on for 2-3 years post-sale to assist with transition
Contact Info
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