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Full-Service Residential Plumbing Company – BN000032526

Southeast US
1M-5MUnder 500k Building & Construction
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CLIENT CODE: BN000032526
REVENUE/TURNOVER: $1,514,000
EBITDA: $183,000
HEADQUARTERS: Southeast US
 
Interested? Contact Us
813-898-2350
wsullivan@benchmarkintl.com
Full-Service Residential Plumbing Company – BN000032526

William Sullivan

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

Key Aspects

  • Adjusted EBITDA compound annual growth rate (CAGR) of 12.5% from 2017 to 2020
  • Gross Profit margins have averaged 68% from 2017 to 2020
  • Long-standing relationships with general contractors
  • 90% of sales is repeat business
  • Over 10 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 US

Current Markets

  • Southeast US

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.

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