Plumbing Contractor with Skilled Employees in Marin County

Revenue: 1,074,031 (2023) | 931,158 (2022) | 893,418 (2021) | 725,033 (2020)
EBITDA: 301,950 (2023) | 218,945 (2022) | 154,529 (2021) | 250,954 (2020)
SDE: 352,715 (2023) | 269,071 (2022) | 188,909 (2021) | 215,532 (2020)

This plumbing contractor business, currently headquartered in Marin County, California, has been serving the Bay Area for over half of a century. The company specializes in plumbing solutions and offers a diverse range of services. Their revenue is predominantly generated from residential clients, accounting for 90% of their earnings. Their core services are focused on custom remodeling and new construction (70%), but also excel in plumbing repairs (30%). The business has built a strong reputation and sound rapport with local contractors over the years, marked by a consistent annual revenue growth, making them one of the go-to choices for plumbing solutions in the Bay Area.

In addition to the owner, the business maintains a staff of three employees, comprised of two skilled plumbers and one dedicated administrator. Notably, the operational dynamics of the business are structured such that owner involvement is kept to a minimum, with primary responsibilities delegated to managerial functions and the preparation of estimates. A new owner must possess a valid C-36 California Plumbing Contractor's License.

The owner has been operating the business for many years and is looking to retire

The facility is a 2,000-sf warehouse with office space. The lease is currently month-to-month. A buyer will have the opportunity to negotiate a new, longer lease with the landlord or move the business to a more optimal location.

Service Diversification: Expanding the range of services offered, such as adding HVAC services or water treatment systems, can attract a broader customer base. Geographical Expansion: Consider branching out into neighboring regions or cities within the San Francisco Bay Area to tap into new markets. Maintenance Contracts: Offering annual maintenance contracts to customers can provide a steady source of income and long-term relationships.