Description

Plumbing and Sewer Contractor Southern California. This company has 30 years of experience and has been in business since 2002. There are 2 businesses in this sale. A Plumbing Company and a Trenchless Installer for homes, contractors, etc for most of Southern California.

They are also an authorized repair center for all the Manufacturers of plumbing, sewer and drain equipment.

They also have patented and manufactured and sell at wholesale prices their own Hydro jetters and Cameras.

Asking Price 4,000,000

Net 1,000,000+

Gross 5,000,000

All Service and Repair...No New Construction

80% Residential 20% Commercial

15 Field Techs

8 Office People

6 Warehouse/Mechanics

17 Vehicles

Services:

* Directional Drilling
* All Plumbing and repair services
* Hydro Jetting
* Leak Detection
* Pipe Bursting Sewer Repair
* Pipe Lining Sewer Repair
* Sewer Video Inspection
* Smoke Testing
* Trenchless Pipe Piercing
* Utility & Pipe Locating

The company was established to provide home owners, plumbers, contractors, and municipalities with the latest trenchless repair methods available in Southern California at the best prices. They specialize in trenchless sewer and drain repairs and strive to provide the latest technology to their customers. The company has over 30 years of experience seventeen vehicles and offers a wide variety of other plumbing services.

Distribution:
The company sells and installs trenchless plumbing to most of the plumbing companies in southern California as an authorized US Jetting & Repair Center.

Operational Strengths:
There are two businesses for sale. A plumbing company and a trenchless installer for homes, contractors, etc. for most of California. They have the latest technology plus wholesale pricing and 17 vehicles, The company has installed over 500,000 FT of pipe liner.

The Transaction:
Retirement. Owner will stay on through a reasonable transition period.

Financial Summary
2017 Est by Seller 2016 2015 2014
Revenue $5,550,000 $4,914,318 $5,329,414
Adjusted EBITDA $1,100,000
$964,542 $1,051,207