Full-Service Residential Plumbing Company – BN000032526

Southeast US, US

1M-5MUnder 500k Building & Construction, Plumbing

The company is a full-service plumbing company that specializes in all aspects of residential new construction plumbing codes.

Key Aspects

Revenue grew at a compound annual growth rate (CAGR) of 11.4% from 2019 through 2022
Average adjusted EBITDA margin of 8.7% from 2019 through 2022
12 years serving the Piedmont Triad (Greensboro-Winston-Salem-High-Point), North Carolina area
Skilled and experienced labor force with limited turnover

Opportunities

Hire additional skilled employees, including licensed plumbers, to handle an abundance of project work available in new commercial construction
Increase marketing efforts in the North Carolina area to increase name recognition and grow market share
Expand service offerings to capture untapped markets
Continue to increase workforce and operating capacity

Headquartered

Southeast U.S.

Current Markets

Southeast U.S.

Real Estate

The company operates from a 2,700 sq. ft. facility, which is owned by a related party. The owner is not interested in selling the building but will entertain entering into a long-term lease.

Shareholder Objectives

The company is wholly owned by its founder, who is seeking a full sale of his business. The owner believes the company faces significant growth opportunities in the industry. He is willing to stay on for a transition period.