Plumbing Company
Off-MarketChattanooga, TN
Plumbing Company
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$900,000
$450,000
50.0%
1998
Past 24h
Customers
Primary customers include 50+ hotels, restaurants, apartment complexes, and property management companies, with minimal residential work. Services include boiler replacements, water heater replacements, water leak repairs, and water main repairs for commercial properties.
Customer Acquisition
Attends a hotel vendor day every two years where the owner connects with approximately 150 hotel owners and contributes to their nonprofit. Apartment complex relationships developed organically since 1998 through direct work with management and maintenance staff who move between properties. A reputation and third-generation plumber heritage significantly drive the business.
Team
One other plumber works directly with the owner.
Owner's Role
Owner works full-time in the business and in the field.
Reason for Selling
The owner is turning 63 and wants to retire by 65.
Contracts
No service contracts, but it has strong working relationships with customers.
Real Estate
The business operates from a rented shop facility (140 by 40 feet) with lean-to structures and parking, paying $1,000 per month in rent. The building houses excavators, air compressors, tools, and spare parts for operations.
When Are You Looking to Sell
6-12 months
Licenses Required
Holds a city plumbing license and a Class 1 state license but not a contractor's license, which has not limited work due to city license job thresholds of $35,000-$45,000.
Business ID: 2056
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