New
Scalable Plumbing Business For Sale New Orleans Metro Area
Duran Advisors presents this plumbing company for sale in the New Orleans metro area. This company has been in business for over a decade. It currently resides at a leased space in a centralized location. The business is an ideal company for a buyer looking to enter the industry and create a platform. It would work well as a strategic acquisition for an existing plumbing company looking to grow through acquisition. This company is not affiliated with any franchise, making it a suitable fit for a buyer looking to establish a new franchise.
The business offers residential plumbing services, from dripping faucets to under-slab repairs. It also renovates and services commercial companies. The owner works full-time in the business and wants to sell for personal reasons. However, the owner is flexible about the sale structure. He is ready to exit immediately or willing to work as an employee in the business.
The leased space has been captured with a Matterport Virtual Reality 3-D scan. The Matterport virtual scan and a digital Confidential Information Memorandum (CIM) are available to fully disclosed buyers.
Discretionary Earnings 2024: $199,203
EBITDA 2024: $122,221
This is a Structured Sale™ with the following schedule:
6/20 – Question Submission Deadline
6/27 – LOI Submission Deadline
7/31 – Due Diligence & Close (subject to financing)
Meet the owner, tour the building, and explore this turnkey opportunity.
For serious inquiries, contact listing broker Joel F. Duran, CM&AA®, CM&AP®, CEPA®, CMSBB® at (504) 313-1038.
Listed By: Joel Duran, CM&AA, M&AMI, CM&AP, CEPA, CAIM, CMSBB
Background information
Reference:
NOLA-0100
Year established:
2013
Reason selling:
Personal Reasons
Finance
Sales:
$573,162
Profits:
$199,202
Profit type:
Discretionary Earnings
Operations
Employees:
Full-time: 5 Part-time: 1
Inventory:
~$10,000
Furniture fixtures and equipment:
~$80,814
Premises
Facility:
The home office is adequate for the current operations with as much as 50% capacity.
Square footage:
~1200
Rent and lease terms:
The property is currently leased for $900 a month.
Location:
The location is centrally located for easy deployment of staff throughout the area.
Opportunities
Growth:
Reflecting the strength of the market, the number of HVAC and plumbing contractor establishments in the U.S. grew by 2.2% year-over-year through Q3 2024, indicating both resilience and opportunity in a sector built on essential services (Vertical IQ, 2024).
Market:
The HVAC and plumbing industry continues to benefit from steady demand across residential, commercial, and industrial sectors. Federal investments in infrastructure and clean energy, along with aging buildings and ongoing construction, are fueling long-term need for reliable mechanical systems and skilled contractors (Vertical IQ, 2024).
Price and terms
Financing:
This business is a good candidate for bank financing. A qualified buyer could purchase the business with as little as 10% down.
Training:
The current owner will provide two weeks of training at 40 hours per week, with additional support available at market rate if needed.