Building a successful plumbing supply business can be a lot of work, but the task of finding the right buyer who can provide you with proper compensation can be just as hard. Don’t do the heavy lifting; enlist one of Synergy Business Broker’s industry experts to help you along the way. We provide a free, confidential consultation, so you don’t have to waste your time wondering what it’s worth. Regardless of specialty, we can help you with your plumbing and heating supply company.
The US plumbing industry has always been large; however, as of recently, the market size has begun to shrink. In 2023, plumbing and heating supplies wholesaling shrunk by 2.3% and are expected to decrease by 2.5% in 2023. If you are a successful plumbing company in the US, the time is now to sell. Don’t let your business’s value slip between your fingers; contact one of our trusted brokers today.
Synergy can assemble an all-encompassing marketing strategy for your business, so you don’t have to. We have the tools and the capacity to cast a wide net to various buyers, but first, we must get to know your company. By reviewing your last three years’ financials, we can get an idea of where the business is headed and give you a number that reflects the growth potential. Our brokers also take into account the intangibles that might be attractive to prospective buyers, such as experienced staff, recurring payments, and successful websites. Synergy has a database of over 40,000 potential buyers looking to acquire companies like yours. These buyers can come from varying places, including existing competitors, private equity firms, large plumbing supply companies, and wealthy individuals. Synergy Business Brokers is a famous brokerage company that gets the job done. Our 20 years of transaction experience are a potential asset to both sellers and buyers alike.
Plumbing companies require appropriately trained staff and the proper facilities to become successful. Buyers want to see that your company is in a position for continued success for the foreseeable future. Providing the buyer a transitional training period can reassure both parties that the business is in good hands.
To discuss how we can help sell your plumbing and heating business, please fill out the contact form on this page or call (888) 750-5950, and we can put you in touch with an experienced Business Broker. We have Brokers in MA, NY, CT, PA, TX, LA, IL, FL, and NJ and sell businesses throughout the US.