Thought I would let you know about this company...selling in your town

Discussion in 'Terry's Corner' started by Master Plumber Mark, Nov 14, 2018.

  1. Master Plumber Mark

    Master Plumber Mark Master Plumber...and babysitter of morons...

    Joined:
    Feb 6, 2005
    Occupation:
    Sensitivity trainer.. plumber of mens souls
    Location:
    indianapolis indiana - land of the free, home of
    After 40 years of plumbing service & repair it is time to move on. Small two man shop doing mostly service and repair is looking for somebody that wants to buy an existing service company doing 1000+ service calls a year (without paying for advertising) in the heart of Seattle. If interested, let me know.

    service@seattlehotwater.com

    https://seattlehotwater.com/

    Terry
    do you know anything about this company?? I saw this on Plumbing Zone and just wondered what their deal was . Just thought you might be interested or curious about how much they wanted for the business..... so am I too.. but I am not going anywhere.... but that would be an opportunity for someone....

    Water heaters are a very easy gig to me....
     
  2. hj

    hj Moderator & Master Plumber Staff Member

    Joined:
    Aug 31, 2004
    Occupation:
    Plumber
    Location:
    Cave Creek, Arizona
    As someone said just yesterday, "when you specialize in water heaters, you only get repeat business every 10 years or so, so you are always chasing NEW customers.
     
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  4. Master Plumber Mark

    Master Plumber Mark Master Plumber...and babysitter of morons...

    Joined:
    Feb 6, 2005
    Occupation:
    Sensitivity trainer.. plumber of mens souls
    Location:
    indianapolis indiana - land of the free, home of
    well , I have found the exact opposite has happened to us...
    If you are installing a heater for hundreds less than the others that quoted
    the job they always come back to you to ask you to do other plumbing work for them...

    If you plaster your name brand sticker in every house you walk into, on the heater, furnace,
    disposal and water softener.......you are claiming the property for your own and
    everyone who ever owns the home will see this and odds are they
    might call you for their future issues.....

    but of course it is wise that your sticker should state all the
    types of work you do aside from water heaters..

    a water heater goes out every 5 -- 12 years around here... so that is where the action is...
    Where-as a toilet could last forever, a ballcock could last 30 years, the same with a kitchen faucet.
    and a pvc pipe is gonna last forever before it needs replaced...

    also you are always going to be looking for new customers....
    because they keep moving or getting older and dieing on you...... its a sad fact of life....


    I am doing a heater this morning cause someone begged me to so I am heading out the door in a few minutes... AND Because I am willing to do this on thanks giving morning I will probably be their guy for as long as they live in the home..........

     

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  5. Sylvan

    Sylvan Still learning

    Joined:
    Sep 23, 2004
    Occupation:
    plumbing- - fire suppression
    Location:
    New York
    The only time I specialized was roof drain installations back in the 1980's - 2014

    We used JR Smith 1330 IC CI dome and the drains cost $60.00 and the sheet lead was .50 a pound 3' x 3' x 4 PSF and flat rate was $1,200 each up to 4" over 4" was $1,500 each and anything below the slab was T&M

    For Merrill Lynch Pierce Fenner & Smith we installed 54 -3' drains in 6 days and for Nabisco 10 -4" drains 12 hours (3 people)

    As I picked up more accounts I no longer wanted to roast or freeze on the roofs but it was a gold mine while it lasted Syl Caulking.JPG 18sroriesupdrain-2.jpg 18sroriesupdrain-2.jpg

    I Charge for a fixture stoppage $225 General ram jet for example takes less then 15 minutes or an closet auger

    Snaking the lines is $275+ up to 2" up to a half hr

    Main sewer or storm drains $325+ up to 5" over 5" $550+ Water Jetting $350 per half hr min 1 hr

    Here is a guy charging less then I am paying my lowest paid employee http://www.a4995.com/

    Water heaters 30, 40, 50 $1,800 75 gallon $2,200 minimum

    Sloan Royal replacement $750 and yet some low baller in my area charged $350

    We are working 6 days a week 12 -14 hrs a day and with the new accounts we picked up we are working 7 days a week for them plus the brand new construction I recently started doing

    I was paying one guy $75 per hr now instead I made him a manager and offered him $5,000 a week regardless of how many or how few hours he works and the other mechanic I am paying $80 per hr

    In life you normally get what you pay for and if someone wants volume God bless them but if someone wants to give their employees a decent salary and wants to buy new equipment and have ZERO debt then they have to charge accordingly

    The best complement I was given by my several of my accounts "your very expensive but you do the right job"

    In some cases I am working for the second generation as I have over 50 years in this profession and still am picking up accounts strictly by word of mouth I told my employees "we are only as good as our last job


    If we do the job right they tell three people (this is how I picked up 2 more nursing homes and high rises) screw up one job they tell everyone


    By the way every single one of my accounts is no more then 3 miles from my office so traveling time is not even a consideration

    Manhattan prices are 40% more
     
  6. Sylvan

    Sylvan Still learning

    Joined:
    Sep 23, 2004
    Occupation:
    plumbing- - fire suppression
    Location:
    New York
    Completed 32 roof drains for a college
     

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  7. Sylvan

    Sylvan Still learning

    Joined:
    Sep 23, 2004
    Occupation:
    plumbing- - fire suppression
    Location:
    New York
    Removing a copper box roof drain installed over 100 years ago . Replacement with new cast iron caulked drain $2,800 (4 hours)
     

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  8. Sylvan

    Sylvan Still learning

    Joined:
    Sep 23, 2004
    Occupation:
    plumbing- - fire suppression
    Location:
    New York
    5" lead pipe for 5 lead pipe.JPG 100 yr old copper box drain above
     
  9. Sylvan

    Sylvan Still learning

    Joined:
    Sep 23, 2004
    Occupation:
    plumbing- - fire suppression
    Location:
    New York
    Looking back at some of our work
     

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  10. Master Plumber Mark

    Master Plumber Mark Master Plumber...and babysitter of morons...

    Joined:
    Feb 6, 2005
    Occupation:
    Sensitivity trainer.. plumber of mens souls
    Location:
    indianapolis indiana - land of the free, home of
    I did not know that their was that much money in messing around with roof drains...
     
  11. Sylvan

    Sylvan Still learning

    Joined:
    Sep 23, 2004
    Occupation:
    plumbing- - fire suppression
    Location:
    New York
    Think about it

    A plumber installs a roof drain with 3' x 3' x 4 PSF and he is not called back for at least 40 years

    This drain is exposed to summer heat freezing winters acid rain bird droppings (also acidic ) and is over expensive apartments and over computer rooms.

    Imagine the risk factor when I installed over 10 drains on this building

    https://streeteasy.com/building/the-sovereign/47f?card=1

    Now just picture a 5 or 6" diameter drain failing during a hurricane and the storm water floods 15 or more apartments below how much liability is involved

    A lot of morons would use 2 ft x 2 ft and 2 or 3 pound sheet lead with a
    polyethylene dome that may blow off the drain or crack over a a few decades

    I am one the few plumbers who uses flashing cement under the sheet lead and who also water proofs the lead edges with 15 # cotton impregnated fiber rather then cheap 15# felt

    ONE LEAK can cause a lawsuit in the millions .
     
    Last edited: Nov 27, 2018
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