Retirement – Plumbing Business In Hamilton

Hamilton, ON
Asking Price: $216,894 ($300,000 CAD)
Business For Sale Details
Listed on Jul 15, 2024(Renewed on Apr 21, 2025)

*Operates as a full plumbing and drain cleaning service business, plumbing renovation work, excavation work for sewer and water line underground service replacements.

*Revenue is averaging over $1M during the past 4 years.

*Business offer a comprehensive range of services, including plumbing repairs, installations, maintenance, and emergency plumbing solutions.

*Business aim to offer reliable plumbing service for homeowners and business owners in the Hamilton and surrounding regions.

*Business benefits from excellent long-lasting relationships with clients based on trust and transparency.

*Business has a diversified client base with no single client leading to majority of business revenue every year.

*Business price includes assets and miscellaneous inventory averaging between $70-75K.

*Business has non-unionized staff of 9 employees (8 F/T and 1 P/T), including owners.

*Primary business owner key role is to oversee operations, sales, service, estimating, project management and manage staff.

*Great opportunity to grow the business further by adding staff (experienced and apprentice technicians) and implementing active marketing plans.

*Sellers own the business since the past 11 years, and are now planning to retire, hence looking to sell the business.

*Sellers are willing to stay on board for a negotiable period to assist with the transition of the business responsibilities.

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Financials (USD)

Asking Price $216,894

Cash Flow Not Disclosed

Sales $722,983

Converted From CAD

Exchange Rate $0.72

Deal Terms

Represented by broker? Yes

Buyer Fee? No

Seller Financing? Available On Request

Willing to co-broke? No

Principals only? Yes

Franchise? Available On Request

Management will stay? Yes

Relocatable? Available On Request

Real Estate? No

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