Issue link: http://deals.uberflip.com/i/1433150
The Company is a leading plumbing contractor that specializes in commercial, residential, and industrial projects. It offers sewer lining (CIPP) services with its experienced crew (10 to 15 years of experience). The majority of revenue is generated from a mix of product offerings, which as a percentage of revenue include plumbing (45% of annual sales), sewer excavation (35%), and drainage cleaning (20%). The Company's primary customers include residential (75% of annual sales), commercial (20%), and industrial (5%) clients. Its total customer base comprises of over 20,000 accounts in which 80% of revenue is from repeat business. The Company provides outstanding customer service and has received various accolades that testify to its commitments. It is a non-union company. Company Strengths • Strong reputation in the industry • Skilled plumbers, technicians, and support staff • Good, established, and repeat client base • Strong supplier and installer relationships • Well-established and proven processes • Strong Income Statement and Balance Sheet • Management in place for easy transition • Owner willing to stay beyond transition period to assist new owners with growth strategies. • Owner open to seller financing and to the idea of retaining minority stake. Business Expansion Opportunities • Recession and e-commerce proof business • Capitalize on superior name and reputation. • Increase revenues by marketing to existing repetitive customer base and direct customer base. • Leverage the strong established business and easily expand across the region. • Can be easily developed into a franchise model. • Several opportunities exist for the Company to significantly increase revenue and profit, including leveraging its proven reputation to pursue and penetrate new and existing markets. Prasad 'Pat' Karcherla, Senior M&A Advisor Deal # 64126 Tel: (630) 708-2408 Fax: (972) 232-1132 Email: pkarcherla@generational.com | www.Generational.com I www.DealForce.com For more information, please sign the Confidentiality Agreement DISCLAIMER: All information contained in this document has been provided by the subject company to Generational Equity and while believed to be correct has not been verified. Accordingly, Generational Equity makes no representations or warranties as to accuracy and truthfulness of such information. The recipient hereof acknowledges that Generational Equity shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by Generational Equity of this document. At all times Generational Equity and its affiliate network members is an agent for the seller and not for the buyer. Generational Equity's fees are paid by the seller. Leading Plumbing Contractor Midwest/Great Lakes Region, US 2021 Est. Revenue $3.0MM | 2021 Est. EBITDA $530K+ Highlighted Investment Considerations Founded in 1999 and taken over by current ownership in 2015, the Company is registered as an S-Corporation. It is owned by 1 active principal who is supported by 18 full-time employees. The Company leases its 4,500-square foot office and warehouse facility from a third party. Its marketing strategy includes email blasts, social media, financing options, promotions, and 4.5-star rating on reviews sites like Google, Angie's List, and HomeAdvisor. Additionally, the Company has an up-to-date website highlighting its services.