DescriptionAustin TX / Residential Plumbing Business / ADD ON / $1MM Adjusted EBI
Company Overview
The business is a residential-focused plumbing and drain services provider operating across a dense, high-income metropolitan region in Central Texas. The company delivers a full suite of repair, replacement, and maintenance services, including water heater installation, leak detection, sewer inspection, repiping, and drain cleaning, supported by a fleet of branded vehicles and a highly trained technician base.
The operating model is centered on short-cycle, non-discretionary service work, which drives consistent demand, strong unit economics, and high cash flow visibility. As illustrated in the job mix chart on page 4, approximately 81% of revenue is derived from service work, with the remainder from project-based construction, reinforcing the company’s recurring and needs-based revenue profile. 
The customer base is primarily residential (~81.5%), supplemented by a growing commercial segment, providing diversification while maintaining focus on high-frequency homeowner demand. The business benefits from strong brand recognition and referral-driven customer acquisition within affluent suburban communities, supported by a lean marketing model and disciplined pricing strategy. 
The company has demonstrated an ability to scale through both organic growth and acquisitions, successfully integrating multiple tuck-ins into a centralized operating platform. With a rebuilt pricing structure, scalable dispatch infrastructure, and a senior-heavy technician workforce, the business is positioned to continue expanding margins and geographic reach within a highly fragmented and consolidating industry.
Key KPIs
• Revenue: ~$2.9M (LTM Jan 2026) 
• Revenue (2024): ~$2.2M 
• Revenue Growth: ~33.5% (LTM vs. 2024) 
• Adjusted EBITDA (Core): ~$905K 
• Adjusted EBITDA (w/ price increases): ~$1.0M 
• Run-Rate Adjusted EBITDA (Pro Forma): ~$1.2M 
• EBITDA: ~$541K 
• EBITDA Margin: ~18.5% 
• Gross Margin: ~51% 
Business Mix:
• Service Revenue: ~81%
• Construction Revenue: ~19% 
Customer Mix:
• Residential: ~81.5%
• Commercial: ~18.5%