VEN3715

Re-piping Plumbing Company in the Greater Houston Area

Southwest US
 

The offering is a plumbing company with two divisions, a full-service plumbing divsion and a re-piping division.

Key Aspects:

  • Reputation for quality and dedicated service
  • Operating for nearly a decade
  • Primarily focused on the residential market
  • Key personnel with more than 40 years of industry experience
  • Longstanding relationships with major suppliers in the area
  • Wide pool of manpower to perform large-scale re-piping projects all-year round
  • Cross-selling advantages
  • Offers several financing options available as part of service offerings.

    Opportunities:

    • Grow both divisions by purchasing additional trucks and hiring more plumbing technicians
    • Ability to continue growing the B2C niche with potential to expand into the B2B market
    • Capability to leverage the robust economic and population growth that the operating area has experienced in recent years
    • Opportunity to grow beyond the currently served geographic markets in Texas
       
       
       
      Year:

      2015

      Tax Rtns

      '000

      2016

      Tax Rtns

      '000

      2017

      Tax Rtns

      '000

      2018

      Tax Rtns

      '000

      Turnover1,2781,4642,0433,029
      Gross Profit:1,0081,0941,3081,605
      Adj. EBITDA *179127232322
      * Earnings before interest, tax and depreciation (non-cash item)
       
      Bids Invited