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Listed by Vince Garcia • Pretorian Realty
$ 500,000
Est. payment /mo
Active
8631 Potrero Street San Diego, CA 92114
0.32 Acres Lot
UPDATED:
12/16/2024 08:17 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID PT-24231226
Lot Size 0.321 Acres
Property Description
Here is a rare chance to acquire a well-established, highly profitable business in the plumbing and home services industry. With consistent revenue, high margins, and strong cash flow, this company is an attractive investment for strategic buyers and investors. Serving both residential and commercial customers, here's why this company stands out: Business Overview o Industry: Residential and Commercial Plumbing Services o Years in Operation: Since 2019 o Location: Based in San Diego, CA o Ownership Structure: Two partners, allowing for a smooth ownership transition post-sale. Financial Highlights 1. Consistent Revenue and Growing Profit Margins: o 2024 Revenue: On track to hit $500,000 in Gross Profits o Revenue Trend: Revenue has remained stable and is increasing o Very minimal debt, will be paid off with sale of business Operational Strengths o Optimized Expense Management: The company has implemented cost efficiencies that contributed to lower COGS in 2023, resulting in higher profit margins. This streamlined cost structure reduces operational risk and enhances profitability. o Asset-Backed Security: The business has made significant investments in vehicles, equipment, and tools, which provide value to new owners and reduce the need for immediate reinvestment. o Growth Potential: An established reputation and customer base present multiple growth opportunities. With options to expand services or scale geographically, new owners have significant potential to increase revenue. Future owner can offer services such as 24hr emergency services, pipe lining, restoration services and other non-light duty services for at least $100,00 plus in additional revenue! Current services are categorized as light duty and include: Aluminum Gutter Installation Downspout Installation Drain Installation Emergency Services Faucet Repair Gutter Cleaning Gutter Repair Pipe Installation Sewer Services Sink Repair Toilet Repair Water Heater Installation Downspout Cleaning Downspout Repair Drain Cleaning Faucet Installation Garbage Disposal Repair Gutter Installation Leader Head Installation Pipe Repair Sink Installation Toilet Installation Water Filter Services Location: San Diego, CA Employees: 3 Facilities: The asset being sold is the customer/client list (with service contracts) and the attached generating revenue that accompanies it. (Home Based) Financing: Seller willing to finance a portion of the sale.
Location
State CA
County San Diego
Interior
Inclusions Client list and current service contracts.
Nicole Van Parys & Gary Nesen
License Partners, Private Office Advisors | License ID: 01108944