Issue link: http://deals.uberflip.com/i/1530982
Full-Service Plumbing Contractor - Commercial, Municipal, Residential - Located in the Midwest Region, US #68377 Sign NDA ► 2024 Revenue Est. $6,500,000 (4.8% growth) 2024 EBITDA Est. $752,000 (11.6% of revenue) 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 the 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. Joe Hige Senior M&A Advisor Email: jhige@generational.com Mobile: 248-982-6400 Generational Equity 3400 N. Central Expressway, Suite 100, Richardson, TX Fax: 972-392-1124 BUSINESS HIGHLIGHTS The Subject is a professional plumbing contractor offering a wide range of plumbing services including full-service plumbing solutions for homes, plumbing and drain services for buildings and institutions, televising services for municipal applications, and environmental diagnostic services for residential (29% of Revenue in 2023), commercial (63%), and municipal (8%) customers as well as servicing residential home warranty claims. The Company has achieved scale, predictable revenue and earnings, and dependable growth, and offers 24/7 availability from a 90,000 sq. ft. facility with 75 full-time and 10 part-time employees with a high rate of repeat business as well as new accounts. INVESTMENT BANK OF THE YEAR 2016 - 2017 - 2018 COMPANY STATS > Over 130 yrs of operations > 90,000 sq. ft. Facility > 75 FT & 10 PT employees > 725+ Active Client List > 80% Rate of Repeat Business > B2B & B2C Customer Markets > C-Corp Corporate Structure INVESTMENT APPEAL • Consistent Revenue Growth: Total revenue has increased from $5,161,000 in 2021 to $6,131,000 in 2023, indicating strong and consistent revenue growth over the period. • Improving Gross Profit Margin: The gross profit margin improved from 49.4% in 2021 to around 50.8% in 2023 and will remain strong through 2030, demonstrating efficient management of cost of sales. • EBITDA Growth: EBITDA shows a significant upward trend, growing from $569,000 in 2021 to $1,024,000 in 2023, highlighting the company's increasing operational profitability and cash flow generation. • Controlled Operating Expenses: Despite revenue growth, operating expenses as a percentage of sales have declined, suggesting effective cost management strategies are in place. • Internal Handbook and Training: An internal handbook and training system ensure that all employees, regardless of experience, are well-versed in Company protocols, safety standards, and best practices for plumbing services. • Well-Developed Training Program: A comprehensive training program helps maintain high service standards by continuously upskilling employees, keeping them informed about the latest plumbing technologies and techniques. GROWTH OPPORTUNITY > Fragmented Industry Consolidation > Municipal Growth Opportunity > Residential Home Warranty Growth Opportunity Historical Revenue Growth