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Reputable Residential And Commercial Plumbing Service Business In Houston For Sale

Houston, Texas, US
Asking Price:
On request
Sales Revenue:
$4,942,000
Cash Flow:
$272,000

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

Key Aspects

• Highly reputable company operating for over three decades
• Experienced a 10.7% year-over-year growth in revenue from 2022 to 2023, and adjusted EBITDA nearly doubles over the same period
• Maintains a 90% retention rate year over year
• Long term key personnel with years of industry specific experience

Opportunities

• Capitalize on the growth of Houston population by expanding network of general contractors and segmenting the construction market
• Amplify service department by increasing advertising efforts and techniques
• Expand geographical presence into other metropolitan cities in Texas
• Develop exterior utility work and tankless water heater services to full capability

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 two trailer offices.

Shareholder 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

Headquartered

• Houston, Texas

Property Information

Real Estate:

Real Property Included

Other Information

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