Plumbing Business for sale, covering Miami, Broward and West Palm area
Great opportunity to acquire a family owned plumbing company, servicing South Florida area, Miami, Broward and West Palm Beach for more than 25 yrs. This company is highly recognized by customers in the area, with thousands of clients in data base. The current services include:
Residential & Commercial Services
New Construction and Remodeling
Emergency Services
Gas Line Installation
Hydro Jetting
Sewer Camera Inspection
Leak Detection
Sewer Repair
Camera Inspections
Among others
Business Highlights:
22 Full time employees
20 Temp workers
10 Vans
Strong customer reputation and 5-star reviews
24/7 service availability and rapid response times
Competitive pricing with monthly promotions
Diversified service offering for both homeowners and institutional clients
Opportunities for growth into new Florida markets
Financial Highlights:
Gross Sales Jan - Apr 2025 - $1.3M USD
Gross Sales 2024 - $4.1M USD
Gross Sales 2023 - $4.4M USD
2024 SDE - $1.5M
2023 SDE - $2.3M
Forecast for 2025 Gross Sales - $5 to $6M
Target SDE 2025 - $3M
Current Major Accounts:
Broward Health Hospital
Memorial Hospital
Holy Cross Hospital
Kindred Hospital
City Facilities
Winn Dixie
Important Buyer’s Profile:
AT LEAST $2M LIQUID PROOF OF FUNDS REQUIRED FOR ADDITIONAL INFO
The client is seeking to sell their company within a target valuation of 5x approx. They will not accept low ball offers. PLEASE DO NOT WASTE YOUR TIME. The business has demonstrated steady growth based on its existing book of business and holds significant potential for further expansion into additional service areas.
The target buyer must be an investor that does not require SBA financing, as the current owners will not participate as loan guarantors or collateral signers under any circumstances.
Service Area: Miami-Dade, Broward, Palm Beach
50% of revenue came from recurrent clients / services
50% of revenue came from new projects
Population: 6.2M+
Households: 2.3M+
Businesses: 200K+
Housing Market Drivers
25,000+ new housing units permitted annually
45%+ of homes built before 1980 (high repair & retrofit demand)
Homeownership: 52%–65% across counties
Economic Info
Median Household Income: $60K–$74K
$2.3B+ spent annually on home repairs & remodeling
Plumbing = Top 3 subcontractor expense
Growth Trends
High in-migration from out-of-state & Latin America
Aging population fueling demand for reliable service providers
Strong B2B opportunities in commercial hubs
PLEASE BE SURE TO HAVE PROOF OF FUNDS READY, BEFORE REQUEST ADDITIONAL INFO. Thanks
