DescriptionFinancial Position: Well-capitalized with $20 million in equity and bank partners lined up.
Team Background:
Three partners with 20+ years of experience in residential services.
Current ownership of residential plumbing and locksmith companies.
Investment Approach:
Pursuing long-term cash flow opportunities.
Not operating as a private equity fund with IRR targets.
EBITDA: Greater than $650K and up to $3.5M.
Valuation: 3-6x EBITDA.
Revenue: 80%+ from residential service and replacement.
Company Types: Plumbing, HVAC, electrical service, locksmith, foundation repair, garage doors, lawn care, property management, AV/home automation, etc.
Location: Texas.
Exclusions: Avoiding construction and commercial/industrial services.