Sun Acquisitions has been engaged to sell a dynamic Chicago plumbing business

CHICAGO - March 21, 2015 - PRLog -- Sun Acquisitions (www.sunacquisitions.com) announced today that Fred Stephenson, Senior Advisor, has been engaged to sell a Chicago-based plumbing business with more than 30 years of experience. Sun Acquisitions will manage this entire engagement and advise on deal structures to ensure a successful transaction is completed. Engaging an intermediary in the sale of a business assures business owners that they will get the best pricing and terms, the transaction will remain confidential, and most importantly, give the business owner the freedom to concentrate on his business.

The plumbing services industry generates 97.2 billion dollars in annual revenue and the Chicago market is primed for excellent opportunities for these types of services. Commercial buildings and residential buildings make up over 50% of the plumbing industry’s major market segmentation, which puts a Chicago-based plumbing business with 30 years of experience in the center of a great opportunity to get long-term maintenance contracts (which make up 28% of the industries revenue).

Looking at the plumbing industry as a whole, it is one of the many subcontracting industries essential to residential and non-residential building markers. Plumbers are needed to both install systems for new construction and to repair and maintaining the systems of existing structures.

The industry has a low level of technological change, making it a very affordable business to maintain. If anything, traditional materials for constructing drainage, sewerage or guttering will continue to be replaced by more flexible and cheaper materials.