Refine/Revise Search
Asking Price: Not Disclosed

Plumbing Company

Austin, TX
Travis County

BUSINESS HIGHLIGHTS:This is a leading plumbing company that specializes in insurance work and tenant finish-out projects. The Company repairs, tests, and tunnels plumbing systems for properties of all types around its region. In operation for nearly 20 years, the Company has developed a broad set of capabilities and has completed work on a variety of projects. The Company has strong relationships with key customers in a variety of markets including Residential, Commercial and Institutional. The Company specializes in all residential and commercial plumbing services. The Company provides emergency repairs, preventive maintenance, systems testing, and tunneling services. From initial customer contact to the completion of service, the Company actively engages with customers to assure customer satisfaction and boost customer loyalty. The Company takes pride in helping its customers fix and maintain their plumbing systems at an affordable price.INVESTMENT APPEAL:• Diversified Customer Base: No single customer amounted to a material portion of revenue during the historical period. The diversified customer base helps ensure that the Company will not be significantly impacted by the loss of a single account.• Strong Client Relationships: The Company is proud of its strong ties to clients and its reputation for quality work and client service. Evidence of these relationships is shown in the 50% rate of repeat business, as well as the fact that all of the Company’s revenue is from referral based business.• Strong Client Relationships: The Company has built an extensive customer list and good industry relationships since its inception. The customer base is loyal, shown in the fact that four of the top five clients have been working with the Company for at least seventeen years, and many have been using the Company since its founded.• High-Caliber and High-Tenured Staff: The Company fosters a workplace where its extremely experienced and talented master plumbers are able to thrive and grow, and therefore remain long term. The Company has multiple journeyman plumbers on staff, the top rank of any master plumber.• Management Will Remain through Transition: Management is willing to remain through the transition period, and would entertain remaining with new management for a longer period of time on a consultancy basis. Additionally, all key employees are expected to remain with new ownership beyond the sale of the Company.

Cash Flow $228,000
Revenue $1,090,000

Asking Price: Not Disclosed

Commercial Plumbing and Gas Contractor

Miami, FL
Miami-dade County

The company has not only successfully completed projects of varying sizes–from single-story buildings to large-scale structures up to 35 stories— they have also amassed the expertise, reputation, and manpower to complete some of the largest projects in their region.Their service offering spans the full gamut of industrial plumbing projects, covering the full scope of piping systems, including sanitary drainage/venting, storm drainage, potable water, water heating systems, natural and LP gas supply, and fixture installations. One key competitive differentiator lies in their in-house prefabrication capabilities, which allows them to efficiently fabricate custom sanitary drainage /venting, potable water , booster pumping, heating manifold systems, and more.Over the last few years specifically, the company has managed to achieve double-digit sales increases without any advertising program in place. The owner attributes this growth to word-of-mouth referrals, long-standing relationships with satisfied clients, and operational improvements that have effectively reduced the cost of goods sold from 75% of revenue down to 67%.With $17–$19 million in annual revenue, he’s confident that bringing on more managers, expanding bidding capabilities, and strengthening administrative support could easily push revenue to $20–$25 million. 

Cash Flow Not Disclosed
Revenue $17,000,000

Asking Price: $24,000,000

Non-Union Plumbing 100% B2B: Absentee Ownership

Sacramento, CA
Sacramento County

This thriving trades company works directly with a developer as the client, they do not provide plumbing services directly to a homeowner, nor do they have a service division. This make them a very unique plumbing organization that specifically works with general contractors and land developers who are “Neighborhood Production Builders.” Currently, there is Work in Progress over $68 million dollars, plus a strong backlog of 90 million that already has the funding. This backlog will stretch over the next 36 months. These are neighborhoods that are NOT affected by interest rates or residential real estate markets. This non-union shophas 98 employees on staff, with 8 in leadershipincluding a President and a CFO, with the other 90 as trained plumbers and field technicians. The business services a 60-mile radius around Sacramento, California with 6 top reoccurring clients. Included in the purchase is working capital of $1M, along with $1.6M in equipment, vehicles, and improvements. The owner is selling due to age and retirement, though they owner is already in a passive role, providing only light oversight as needed. Their position would not need to have any replacement. Priced at $24,000,000, the owner is willing to hold 25% of the price as either a seller carry or equity roll, or a combination thereof, showing a vested interest in the ongoing success of the company after closing. There are several growth opportunities, including expanding into service & maintenance work, and targeting more apartment complexes for commercial projects.

Cash Flow $6,006,391
Revenue $21,870,069
$ Owner Financing Available

loading...
TOP ▲
Add Businesses and/or Franchises
To Basket For Free Information

This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. Review our cookies information for more details.