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32020471

501 Harrison Avenue, Panama City, FL 32401 For Sale

NK
FL BK3551892
First Choice Business Brokers of NW Florida
Listed by First Choice Business Brokers of NW Florida
$650,000
81 days on market
Updated 81 days ago
Opportunity zone

Plumbing, Electrical, Gas & Sewer Services

Details
Property Type Business for Sale
Sub Type Business Only
Square Footage 1
NOI $202,360
Ground Lease No
Sale Condition N/A

Delivers Multi-Trade Residential and Commercial Services

Marketing description

The Seller is active with 6FT employees. Hours of operation are 7:00 am to 4:00 pm, Mon-Fri. Certified Plumbing Contractor and Electrical Certified license required.

Investment highlights

This Northwest Florida plumbing, electrical, gas, and sewer services company has operated continuously since 1996, delivering multi-trade residential and commercial services across Bay, Walton, Washington, Calhoun, Jackson, Gulf, and Franklin counties. The business generates revenue from a diversified portfolio of services — plumbing, electrical, gas lines, and sewer — which supports both customer retention and cross-sell opportunities. Residential accounts represent approximately 85% of revenue (roughly 75% new construction, 25% maintenance and repair), with commercial work comprising the remaining 15% (approximately 75% repair/maintenance, 25% new construction).

The business currently operates at or near capacity and turns away work — a strong indicator of unmet demand and potential for growth under new ownership. With over 150 active accounts, little advertising spending, no website, and no booking or field-service software in use, the business has achieved this performance entirely through referrals and reputation — leaving meaningful, low-cost growth levers untouched.

Listing Contacts

NK
FL BK3551892
First Choice Business Brokers of NW Florida
Listed by First Choice Business Brokers of NW Florida

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$202,360.00
$16,863.33/mo

Valuation Metrics

0
DSCR
31.13%
Cap Rate
31.13%
ROI

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Additional Information

Name
Tipp
License
Spradlin
Brokerage
First Choice Business Brokers
Title
Broker of Record
Name
Natalie Kessler
License
BK3551892
Brokerage
First Choice Business Brokers of NW Florida
Title
Business Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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