Full-Service Residential Plumbing Company

The company is a full-service plumbing company that specializes in all aspects of residential new construction plumbing codes.
Key Aspects
• Revenue grew at a compound annual growth rate (CAGR) of 11.4% from 2019 through 2022
• Average adjusted EBITDA margin of 8.7% from 2019 through 2022
• 12 years serving the Piedmont Triad (Greensboro-Winston-Salem-High-Point), North Carolina area
• Skilled and experienced labor force with limited turnover
Opportunities
• Hire additional skilled employees, including licensed plumbers, to handle an abundance of project work available in new commercial construction
• Increase marketing efforts in the North Carolina area to increase name recognition and grow market share
• Expand service offerings to capture untapped markets
• Continue to increase workforce and operating capacity
Headquartered
• Southeast U.S.
Current Markets
• Southeast U.S.
Real Estate
• The company operates from a 2,700 sq. ft. facility, which is owned by a related party. The owner is not interested in selling the building but will entertain entering into a long-term lease.
Shareholder Objectives
• The company is wholly owned by its founder, who is seeking a full sale of his business. The owner believes the company faces significant growth opportunities in the industry. He is willing to stay on for a transition period.