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FULL SERVICE PLUMBING SUBCONTRACTOR SERVING COMMERCIAL CLIENTS – BUI2208

  • 26
Price On Call
Specifications
EBITDA$717,000
Revenue$9,118,000
Client CodeBUI2208
EBITDA Range 500K-750K
Revenue Range 5M-10M
Sector Building-and-Construction
Region Southwest-US,Southwest-US
Deal Structure Full-Sale
HeadquartersHouston, TX
Description

The company provides full-service plumbing to general contractor’s in the commercial and residential new construction 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 new construction 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.