Home ServicesEstablished in 1988, this plumbing business has built a loyal customer base in the Annapolis area. Under the same ownership since 1988, the company has weathered multiple economic cycles while maintaining profitability. Most new business arrives through referrals and repeat customers, so paid acquisition remains an untapped lever. Barriers to entry at this scale are meaningful, and the company's tenure gives it a durable advantage over newer entrants. Revenue is diversified across residential and commercial accounts, with no single customer representing a significant concentration. Strong online reviews and word-of-mouth referrals drive a steady flow of new customers with minimal advertising spend. Owner involvement is primarily managerial; no specialized license is required for ownership, though one is preferred. The company runs on documented processes with a trained staff of 15 in place, allowing the owner to focus on high-level management. The fundamentals are in place for a new owner to grow well beyond current levels.
Seller will carry 25% at 6% interest, 3-year note, for a well-qualified buyer.
Owner is scaling back for health-and-lifestyle reasons and will assist with a full transition.
Housed in a 4,740 sq ft commercial space with room to expand operations.
Expansion potential through a second location, added staff, and deeper penetration of nearby markets.
Modeling Profitable Plumbing Company Netting $593K · $1.48M
Asking price is $1.48M. Type an offer or drag to model one.
SBA 7(a) acquisition loans typically require ~10% down.
SBA business-acquisition loans are usually 10 years.
A market salary for whoever runs the business day-to-day, subtracted from earnings to show true profit. Set to $0 if you will owner-operate.
Estimates for illustration only, based on the listed SDE and your assumptions. Closing costs are estimated at ~2.5% of price for fees and working capital. Actual loan terms, taxes, and earnings will differ. This is not financial advice. Verify all figures in diligence and consult qualified advisors.
Open the full Deal AnalyzerThe documents below open to qualified buyers in the secure data room after a signed NDA.