Full-Service Residential Plumbing Company – BN000032526

Southeast US

1M-5MUnder 500k Building & Construction

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.