• Landline:512-347-2000
  • Email:stafford@benchmarkcorporate.com

Plumbing Service Business in Houston, Texas

  • Posted on
  • 8
Specifications
EBITDA-
Revenue$3,627,000
Client CodeBUI1755
EBITDA Range under-250K
Revenue Range 1M-5M
Sector Building-and-Construction
Region Southwest-US,Southwest-US
Deal Structure Open
HeadquartersHouston, TX
Description

Texas-based company that provides full-service general plumbing to commercial and residential customers in the Houston market.

Key aspects
· Anticipate close to $5M in revenues for 2018
· Reputation for quality service
· Operating for nearly 3 decades
· Primarily commercial focused
· Key personnel with over 30 years of industry experience

Opportunities
· Increase advertising
· Further expand network of general contractors
· Further grow service division
· Tap into the growing construction market in the Houston area
· Expand into other Texas cities
· Further expand exterior utility capabilities
· Increasing concern of water quality (filtration)
· Further grow tankless water heater sales

Headquartered
Houston, Texas

Current markets
Commercial and residential customers in the Greater Houston area.

Real estate
The company operates on two acres of iron-fenced property that is owned by a related party. The property includes a 2,750 square foot metal building and three trailer offices.

Shareholder/owner objectives
The owner is approaching retirement age and would like to have a succession plan in place. He is willing to remain with the company as needed to ensure a smooth transition.

Year-end
12/31/2017
$’000
12/31/2016
$’000
12/31/2015
$’000
12/31/2014
$’000
$’000 Internal Internal Tax Rtns Tax Rtns
Revenue $3,627 4,457 3,489 2,651

* Profit before interest, tax, depreciation and amortization (non-cash items)[/cs_table]