Lucrative Plumbing Business - $1.27M Turnover

This is an outstanding opportunity to acquire a well-established plumbing services business that has been servicing East and South-Eastern Melbourne for years.

Operating from a well-appointed facility in an industrial park, the business benefits from long-standing customer loyalty, high return rates, strong referral business, and an excellent website. The client base is impressively diverse, encompassing residential properties, schools, childcare centres, churches, builders, demolition contractors, and small businesses.

As a registered service provider for property managers, real estate agencies, and commercial properties, the business enjoys consistent workflow with a long list of approved work in the pipeline, plus regular daily servicing and repair clientele.

*Annual revenue: $1,270,000
*SDE: $347,000
*83% gross profit margin; COGS at 17%
*5-day trading with weekends off
*Employees with 4-12 years' tenure: 4 full-time staff plus owner full time and partner who works (20 hrs/week)
*3 fully fitted vehicles and comprehensive plumbing equipment valued at $160,000 included in the sale
*378 sqm premises with offices, storage, reception, boardroom, and 5 car parks
*Vendor owns the property. New lease available
*4.9-star Google rating from 260+ reviews
*Prominent website with strong SEO and an established social media presence
*Growth potential: expand services into other Melbourne metro regions

This is truly a highly profitable plumbing business with excellent owner returns and growth potential! Contact Gerry today to learn more.

Listing ID: ME03343
Broker: Gerry Morelli
Phone:

For more details, please email broker or call agents.