San Diego, CA 92114

Presented By: Vince Garcia with Pretorian Realty;
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# PT24231226
  • 11/11/2024
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Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.

Home Details

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 • Industry: Residential and Commercial Plumbing Services • Years in Operation: Since 2019 • Location: Based in San Diego, CA • 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 • 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. • 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. • 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.
Presented By: Vince Garcia with Pretorian Realty;

Interior Features for

Other Interior Features

LivingAreaSourceAssessor
Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NNo

General for

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Business NameUpright Plumbing
Business TypeConstructionContractor
Carport Y/NNo
CitySan Diego
CountySan Diego
DirectionsNo real estate is offered. Only client list with attached service contracts for clients.
Electric On Property Y/NNo
ExclusionsTrade tools and any real estate
Garage Y/NNo
HOANo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, CashToNewLoan, GovernmentLoan, OwnerMayCarry
Lot Size Square Feet14000.0
Lot Size UnitsSquareFeet
MLS Area92114 - Encanto
MobileHomeRemainsYNNo
New ConstructionNo
Occupancy TypeOwner
Ownership TypePartnership
Property Attached Y/NNo
Property TypeBusinessOpportunity
Rent Control Y/NNo
Senior Community Y/NNo
Standard StatusActive
StatusActive
Total Actual Rent0.0
Waterfront Y/NNo

Exterior for

Crops Included Y/NNo
Horse Y/NNo
InclusionsClient list and current service contracts.
Irrigation Water Rights Y/NNo
Lot Size Acres0.3214
Lot Size Area14000.0
Lot Size SourceAssessor
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking0.0

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $300,000
MLS#PT24231226
List Date 11/11/2024
Property Type Business Op
Phone 714.742.6515
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