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Residential And Commercial Plumbing Sub In Houston For Sale

Houston, Texas
Asking Price:
On request
Sales Revenue:
$9,118,000 (USD)
Cash Flow:
$717,000 (USD)

The company provides full-service plumbing to general contractor's in the commercial and residential markets in the Houston, Texas area.

Key Aspects:
· In operation for 30 years with long-standing client relationships and an excellent reputation in the industry.
· Skilled, key team members with at least 20 years of individual experience.
· Approximately 95% of the company's revenue comes from a loyal, recurring client base.
· Compound annual growth in adjusted EBITDA of 29.3% from 2016 to 2018.

Opportunities
· Capitalize on the overall Houston construction market which is experiencing the fourth highest growth percentage in the U.S., according to PlanGrid.
· Hire additional skilled, licensed plumbers to handle an abundance of jobs in commercial new construction.
· Expand service offerings into governmental and educational markets.

Current markets
The company serves general contractors in the commercial and residential markets in a 60-mile radius from its headquarters in Houston, Texas.

Real estate
The companies operate from a 12,600 square-foot facility leased from an unrelated third party.

Shareholder/owner objectives
The owner is approaching retirement age and is interested in a full exit. He is open to various deal structures and is willing to remain with the company for a transitionary period post-sale.

Property Information

Real Estate:

Lease

Contact Information

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