Multifaceted Plumbing Business for Sale

Owner of established, multifaceted plumbing business is planning to retire in 2 -3 years and is looking for master plumber to partner with seller to begin sale/transition process.  This West Michigan business provides a variety of services, including septic, to commercial, municipal and residential customers.  The business is fully-equipped for large jobs, and has name recognition, an excellent reputation and an established client list.  Sale price includes inventory, equipment, 800 number, and current yellow pages advertising and website.  The business has a long history in the area and consistent annual revenues near $1,000,000.  Historical numbers would return your investment in 4 – 5 years.

Sale Price:  $1,200,000

Recent Gross Income:  $925,00

Furniture, Fixtures & Equipment:  $600,000 – Included in asking price

Facilities:  Seller will lease property to Buyer.  Terms negotiable

Reason for Selling:  Retirement

Contact John for more information on this Business! 

  • John Groothuis
    John Groothuis
    Co-Owner and Sales Associate
John Groothuis
Co-Owner and Sales Associate

John Groothuis is a graduate of Grand Valley State University. Prior to joining Capstone in 2009, Groothuis had been involved in the banking business since 1988. Groothuis was the CEO and President of what was then Grand Haven Bank, and was more recently the Community Bank President of Macatawa Bank in Grand Haven. Groothuis has served on the boards of directors for several local organizations, including over 10 years of service on the Tri Cities YMCA board of directors, having served as both Treasurer and President. Groothuis has also been involved in the United Way, Downtown Grand Haven, Inc., the American Heart Association and First Priority. During his twenty-plus year career, Groothuis has assisted countless banking customers assess commercial real estate investments, and brings a wealth of real estate and financial experience and contacts to the Capstone team.

Contact John

john@capstonecompanies.net

Office: 616-847-1031