Well-Established Plumbing & Drainage Business for Sale

About the Business

Well-Established Plumbing & Drainage Business for Sale
Established clients, a skilled team and an equipped fleet - built for your next move.

THE OPPORTUNITY
A well-established plumbing and drainage business in Melbourne's south-eastern growth corridor is now for sale after six years of steady trading. It turns over more than $2.2 million a year, with $1.23 million in gross profit and a vendor-stated net profit of $330,224 a year. The business has a loyal residential client base, recurring contract work for Harvey Norman, a skilled full-time team keen to stay on, and a large fleet of owned excavators, vehicles and specialist drainage equipment. A buyer can step straight into a running, asset-backed business with clear room to grow.

The vendor is selling to change careers, so this is a genuine, motivated sale. The vendor will stay on for up to 3 months to hand over, and help with admin and bookkeeping training is also available if needed.

KEY FEATURES
- Annual turnover of more than $2.2 million, with gross profit of $1,227,686
- Vendor-stated net profit of $330,224 a year, with profit improving through 2026
- Harvey Norman contract work: 5-10 jobs per week at about $600 per job
- Each job takes about one hour and one staff member, so revenue per labour hour is high
- Four full-time staff (senior plumber, plumber and apprentices) who want to stay after settlement
- Four excavators (1T, 1.7T, 2.8T and 6T), two utes (2020-2022) and trailers included
- Specialist sewer relining, two CCTV inspection cameras and a water jetter for higher-value drainage work
- Equipment and stock worth about $350,000, mostly owned outright
- Low rent of $14,465 a year, with a lease that can be transferred on secure terms
- Trading hours of 7am-4pm, Monday to Friday, with no weekend work

All enquiries handled in strict confidence. Contact the exclusive agent today.

MERCURY SELLING AGENT
Jennifer Angsiting
Mobile: 0412 223 047
Email: [email protected]
Office: 1300 737 961

DISCLAIMER:
Mercury Business Sales and Valuation and/or their agents, for themselves and for the vendor of this business for whom they act give notice that (i) All information given in relation to this business, whether contained in this document or given orally, is given without responsibility, (ii) Intending purchasers should satisfy themselves as to the accuracy or truth of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. (iii) No person in the employment Mercury Business Sales and Valuation has any authority to make or give any representation or warranty.
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