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Plumbing

Add-On: Bozeman, MT / Residential Plumbing / $675K Adj. EBITDA

Bozeman, MT, US

Add-On Opportunity: Bozeman, MT Based / Residential Plumbing, Boiler & Heating Services / $675K Adj. EBITDA / 27.8% Margin / No New Construction Founded in 1985 and headquartered in Bozeman, Montana, the Company is a residential-focused plumbing, boiler, and heating-services contractor serving homeowners across the Gallatin and Paradise Valleys of southwest Montana. Approximately 75% of revenue is residential, split between recurring service and repair work and equipment replacement. The Company provides 24/7 plumbing and heating services, including emergency repairs, drain and fixture service, boiler and furnace repair, water-heater service and replacement, tankless-system installation, boiler replacement, repiping, and remodel plumbing for existing customers. The Company deliberately exited open-market new construction in 2009 and has since concentrated on residential service, repair, and replacement, where demand is recurring and margins are more attractive. New-construction work is accepted only for established customers. The remaining approximately 25% of revenue comes from recurring commercial-maintenance relationships, providing diversification without changing the Company’s residential-service orientation. Operations are supported by 11 personnel, including seven field employees, four licensed plumbers, three apprentices, a general manager, and two office employees. The Company also operates nine late-model service vehicles stocked to support first-visit completion. The general manager is a master plumber who already runs daily operations and intends to remain following the transaction. Key KPIs - **Residential revenue:** Approximately 75% - **Residential service and repair:** Approximately 60% of residential revenue - **Residential replacement:** Approximately 40% of residential revenue - **Commercial maintenance:** Approximately 25% of total revenue - **Open-market new-construction exposure:** None - **LTM July 2026 revenue:** $2.43 million - **LTM adjusted EBITDA:** $675,000 - **LTM adjusted EBITDA margin:** 27.8% - **Adjusted EBITDA excluding estimated run-rate items:** $625,000 - **Corresponding adjusted EBITDA margin:** 25.8% - **FY2025 revenue:** $2.42 million - **FY2025 adjusted EBITDA:** $598,000 - **FY2025 adjusted EBITDA margin:** 24.8% - **FY2025 revenue growth:** 39.6% - **Revenue CAGR (FY2019-FY2025):** 14.3% - **Seven-month 2026 revenue growth:** 0.6% - **Seven-month 2026 EBITDA growth:** 36.0% - **Customer retention:** Approximately 85%, per management - **Largest customer:** 9.9% of FY2025 revenue - **Top-five customers:** 22.9% of FY2025 revenue - **Personnel:** 11 - **Field personnel:** 7 - **Licensed field plumbers:** 4 - **Apprentices:** 3 - **Operating service vehicles:** 9 - **Average operating-fleet model year:** 2024.6 - **Emergency availability:** 24/7 - **Operating history:** 41 years - **Days sales outstanding:** 27 days ### Recent Performance Revenue increased 39.6% in FY2025, from $1.73 million to $2.42 million, following the successful addition of technician capacity. LTM July 2026 revenue remained effectively flat at $2.43 million, preserving the prior year’s increase in scale. Through the first seven months of 2026, revenue increased 0.6%, while reported EBITDA increased 36.0%. The earnings improvement was driven by a greater mix of core service labor, a 10.3% reduction in field wages, and overhead that did not increase with revenue. Residential Add-On Opportunity The Company represents an attractive add-on for a residential HVAC, plumbing, electrical, or multi-trade home-services aggregator seeking immediate entry into the Mountain West. An acquirer would gain an established residential brand, a broad homeowner customer base, licensed plumbing and boiler capabilities, a modern service fleet, and second-generation management already running daily operations. The business has several familiar home-services value-creation opportunities.

-Asking Price
$2,430,000Revenue
$675,000Cash Flow
Plumbing Company with Strong Residential & Commercial Base photo
Plumbing

Plumbing Company with Strong Residential & Commercial Base

Middlesex County, MA, US

This commercial and residential plumbing company in a large metro area was founded in 2019, has built a strong reputation for reliability, responsiveness, and high-quality workmanship. Its consistent performance and trusted service have resulted in steady demand driven primarily by word-of-mouth referrals and repeat clients, reflecting strong brand equity despite limited formal marketing efforts. Strategically positioned within the Metro market, the business benefits from sustained regional growth, ongoing commercial development, and continued infrastructure investment. The company’s revenue is approximately 25% commercial and 75% residential, creating a stable and project-driven workload with strong customer retention and recurring demand from commercial accounts. The Company operates with a lean, but experienced team of plumbing professionals. Listing ID: 26401 www.listbizforsale.com

$710,000Asking Price
$878,059Revenue
$324,537Cash Flow
Residential and Commercial Plumbing Contracting Company in Montana for photo
Plumbing

Residential and Commercial Plumbing Contracting Company in Montana for

MT, US

Established over 20 years ago, this reputable plumbing contractor provides commercial and residential plumbing services across its local region in Montana. The company is known for its strong community reputation, repeat customer base, and extensive database of thousands of past clients. Operations are supported by a team of five full-time employees including the owner, delivering consistent performance and high customer satisfaction.

$1,495,000Asking Price
$1,527,818Revenue
$574,558Cash Flow
Established Plumbing & Electrical Contractor | NW Florida | SDE $202K  photo
Electrical & Mechanical
Plumbing

Established Plumbing & Electrical Contractor | NW Florida | SDE $202K

Bay County, FL, US

Picture yourself stepping into a thriving plumbing and electrical business that's been serving Northwest Florida families and businesses since 1996. You'll inherit nearly three decades of trust, reputation, and steady revenue - over $900,000 annually - all built without spending a dime on advertising, websites, or social media. That's the power of word-of-mouth in this industry, and it shows just how solid this operation really is. What you're getting is beautifully straightforward: a diversified multi-trade company handling plumbing, electrical, gas lines, and sewer services across seven Panhandle counties. Your customer base is 85% residential with 15% commercial - the perfect mix for steady cash flow and growth opportunities. The best part? Your experienced field team plans to stay, so you won't lose sleep worrying about staffing. Here's where it gets exciting for someone like you: this business has barely scratched the surface of its potential. Imagine adding a simple website, basic social media presence, or modern scheduling software. These aren't massive investments, but they could significantly boost your revenue from an already strong foundation. You'll also love the complete package included - three reliable service vehicles (2017 Dodge Cargo Van and two Nissan NV 200s), professional-grade sewer and drain cleaning equipment, tools, and about $25,000 in parts inventory. Everything you need to hit the ground running. The current owner genuinely wants to see you succeed. He's committed to thorough training during transition and will stay available for consulting afterward. Even better, he's willing to remain as a license qualifier if needed, removing a common hurdle for buyers. This opportunity is perfect if you're a licensed plumber, electrician, or multi-trade contractor ready to own an established business instead of building from scratch. It's also ideal for existing contractors looking to expand into the Florida Panhandle market with a proven operation. With an SDE of $202,000 and minimal marketing expenses to date, you're looking at a business positioned for immediate improvement and long-term growth. The foundation is rock-solid - now it just needs your vision to take it to the next level.

$650,000Asking Price
$932,478Revenue
$202,000Cash Flow
Plumbing & Gas Contractor with Real Estate — 30+ Year Track Record, NW photo
Plumbing

Plumbing & Gas Contractor with Real Estate — 30+ Year Track Record, NW

Bay County, FL, US

This well-established plumbing and gas contracting company has served the Northwest Florida coastal market since 1994, building a strong reputation in high-end custom residential and commercial construction. The business holds active licensing across multiple jurisdictions and operates with a full crew of experienced plumbers, including a long-tenured office manager positioned to take on the qualifying license role, supporting a smooth ownership transition. West End has built long-standing relationships with several of the region's premier luxury custom home builders, several spanning multiple years, reflecting a strong position within the area's high-end residential construction segment. The company maintains a healthy pipeline of permitted and prospective work, a clean balance sheet, and a stable, diversified customer base. Real property is included in the sale: a 1,189 sq ft commercial building situated on a high-traffic corridor in Northwest Florida, offering strong long-term value alongside the operating business. This is an excellent opportunity for an experienced plumbing professional or strategic acquirer looking to enter or expand in a high-growth Florida coastal market.

$975,000Asking Price
$827,835Revenue
$235,299Cash Flow
Plumbing

Add-On: Missouri Based / Septic, Sewer & Hydro / $810K Adj EBITDA

MO, US

Add-On Opportunity: Central Missouri Based / Septic, Sewer & Hydro-Excavation / $810K Adj. EBITDA / Repeat Route-Based Services / Installed Specialty Equipment Founded in 2009 and headquartered near Jefferson City, Missouri, the Company is a full-service septic, sewer, hydro-excavation, and underground-services contractor serving residential, commercial, municipal, and utility customers throughout Central Missouri and across the state. The Company provides septic and grease-trap pumping, drain and sewer service, septic-system installation, hydro-excavation, CCTV pipeline inspection, sewer and water-line installation, and trenchless pipe relining. Its repeat, route-based septic and grease-trap services provide baseline demand, while its specialty equipment and technical capabilities enable the Company to pursue larger municipal and utility projects. The business operates with 16 W-2 employees, established field leadership, seven CDL holders, a master plumber, and a licensed septic installer, per management. Operations are supported by ServiceTitan, a 32-unit fleet and equipment base, and a centrally located facility approximately two hours from both St. Louis and Kansas City. Key KPIs - **TTM May 2026 revenue:** $3.10 million - **TTM May 2026 adjusted EBITDA:** $810,000 - **TTM May 2026 adjusted EBITDA margin:** 26.2% - **FY2025 revenue:** $3.35 million - **FY2025 adjusted EBITDA:** $666,000 - **FY2025 adjusted EBITDA margin:** 19.9% - **Revenue CAGR (FY2023-FY2025):** 51% - **FY2026 expected revenue:** $3.2-$3.5 million - **FY2025 invoiced revenue:** $3.85 million - **Core service revenue:** Approximately $1.1 million annually from FY2023 through FY2025 - **Core service growth (January-May 2026):** 77% year over year - **FY2025 hydro-excavation revenue:** Approximately $1.7 million - **FY2025 service mix:** 44% hydro-excavation, 28% municipal and commercial projects, 13% septic and grease pumping, 12% drain, sewer and plumbing service, and 3% septic installation - **Positive-revenue invoices in FY2025:** 2,269 - **Cities with positive invoicing:** 92 - **Employees:** 16 W-2 employees, plus two owners - **CDL holders:** 7 - **Fleet and equipment base:** 32 units, including 18 trucks, vans, and hydro-vac units - **Operating history:** 17 years - **Core service radius:** Approximately 60 miles - **Systems:** ServiceTitan and QuickBooks Online Strategic Fit The Company represents an attractive add-on for a regional wastewater, environmental-services, underground-utility, or septic-services aggregator seeking to establish density in Central Missouri. An acquirer would gain repeat service routes, municipal relationships, licensed personnel, experienced field leadership, ServiceTitan infrastructure, and a significant specialty-equipment base. The business could also serve as a compelling new platform for an investor entering the wastewater and underground-services sector. Its central location provides a natural hub between St. Louis and Kansas City, while its broad service offering creates multiple avenues for organic growth and future add-on acquisitions. Potential value-creation opportunities include expanding septic and grease-trap route density, cross-selling inspection and relining services into the existing customer base, increasing trenchless pipe-relining utilization, pursuing additional municipal awards, leveraging greater bonding capacity, and acquiring smaller local pumpers and specialty contractors. The founder is willing to provide a six-month full-time transition followed by six months in an advisory capacity and is open to remaining longer in a non-ownership role. Financial information is management-provided, unaudited, and subject to confirmatory diligence and a Quality of Earnings review. TTM results reflect a lower-subcontracting project mix than FY2025, and annual performance may vary based on the timing of municipal and utility awards.

-Asking Price
$3,100,000Revenue
$810,000Cash Flow
Plumbing

Add-On: TN Based / Commercial & Residential Plumbing / $444K EBITDA

TN, US

Add-On Opportunity: Chattanooga, TN Based / Commercial & Residential Plumbing / $444K Book EBITDA / Growing Service & Repair Business / $1.2M Contracted Backlog Company Overview Founded in 2011 and headquartered in the greater Chattanooga, Tennessee market, the Company is a full-service plumbing contractor serving commercial, institutional, and residential customers. Its operations span commercial construction and contract labor, as well as higher-margin residential and commercial service, repair, and small-project work. The Company employs 46 people and operates from a company-owned facility with an owned equipment fleet, six full-time service vans, dedicated estimating capabilities, and an experienced management team. Long-standing general contractor relationships and an established regional brand drive repeat commercial awards and consistent inbound service demand. The business has generated strong organic growth, with revenue increasing from approximately $4.1 million in FY2023 to $5.2 million in FY2025. Commercial construction provides customer relationships, backlog, and near-term revenue visibility, while the growing service division adds more recurring, predictable, and higher-margin revenue. Key KPIs - **FY2025 revenue:** $5.17 million - **Revenue CAGR (FY2023-FY2025):** Approximately 13% - **FY2025 gross profit:** $1.12 million - **FY2025 gross margin:** 21.7% - **FY2025 book EBITDA:** $444,000 - **FY2025 book EBITDA margin:** 8.6% - **First-half 2026 revenue:** $2.51 million - **Contracted backlog:** Approximately $1.2 million - **Active commercial projects:** 26 - **Service division growth (FY2023-FY2025):** Approximately 35% - **FY2025 revenue mix:** 70% commercial construction, 25% service, and 5% internal contract labor - **Estimated customer mix:** 86% commercial and 14% residential - **Employees:** 46 - **Full-time service vans:** 6 - **Service billing rate:** $175 per hour - **Operating history:** Approximately 15 years - **End markets served:** 8 Contracted backlog represented approximately 32% of FY2025 construction revenue and was diversified across 26 active projects and eight end markets. The Company’s transition from rented to owned equipment reduced monthly equipment costs from approximately $12,000-$16,000 to approximately $4,000, creating a structurally lower operating-cost base. Its company-owned facility and fleet also provide infrastructure to support additional volume without a proportional increase in overhead. Strategic Fit The Company represents an attractive add-on acquisition for a larger home-services, plumbing, or mechanical-services aggregator seeking to expand its presence in Tennessee. Its established operating footprint, experienced management team, commercial relationships, and growing service operation provide multiple opportunities for an existing platform to create value through improved pricing, technician utilization, centralized purchasing, enhanced marketing, and recurring maintenance programs. The business could also serve as a compelling new platform for an investor entering the plumbing and essential-services sector. It offers immediate scale, a recognized local brand, a diversified customer base, owned infrastructure, and an established team capable of supporting future organic growth and regional add-on acquisitions. The founder’s willingness to remain involved following a transaction further supports operational continuity and an orderly ownership transition. Financial information is management-provided, unaudited, and subject to confirmatory diligence and a Quality of Earnings review. First-half 2026 EBITDA is not directly comparable with full-year results because it excludes year-end depreciation.

-Asking Price
$5,170,000Revenue
$444,000Cash Flow
Well Established HVAC & Plumbing Serving the Phoenix Metro Area photo
HVAC Businesses
Plumbing

Well Established HVAC & Plumbing Serving the Phoenix Metro Area

Phoenix, AZ, US

Fantastic opportunity to own an HVAC and Plumbing company located in Phoenix, AZ. They are 70% commercial, 30% residential with no refrigeration or new construction. The business split is 70% plumbing, 30% HVAC. They have flat rate pricing, a CRM in place and payroll is handled in-house.

$5,500,000Asking Price
$6,193,112Revenue
$973,800Cash Flow
Well Established HVAC Company Serving Southern Maryland photo
HVAC Businesses
Plumbing

Well Established HVAC Company Serving Southern Maryland

MD, US

The company was established 16 years ago and currently maintains a database of 2,500 active customers. Its client base is primarily residential 90%, with 10% commercial, and it does not engage in new construction projects. The business's service offerings are divided between plumbing and remodeling 45% and HVAC 55%. Currently, the company has 110 active maintenance agreements. Accounting functions are managed using QuickBooks, while payroll processing is outsourced to ADP. The company utilizes Jobber as its CRM system.

$550,000Asking Price
$1,349,864Revenue
$166,467Cash Flow
Commercial Plumbing Co. | Owner Works <25 Hrs/Wk | Run From Anywhere photo
Plumbing
+1

Commercial Plumbing Co. | Owner Works <25 Hrs/Wk | Run From Anywhere

Flagstaff, AZ, US

Semi-absentee commercial plumbing contracting business with more than 20 years of operating history, where the owner works up to 25 hours a week and often less. Three lead plumbers run the job sites independently, each on a separate project, and one of them is willing to serve as qualifying party on the Arizona contractor license for a new owner. There is no office, shop, or lease, so this can be run from anywhere. Projects span northern Arizona, tribal lands in Arizona and New Mexico, and the Phoenix metro, covering hotels, apartments, schools, judicial buildings, fire stations, wastewater treatment plants, and retail. The business has never been marketed. No website, no advertising, no salesperson, no outbound effort, ever. Every project arrives inbound on reputation alone, which means the growth levers are all still sitting untouched. The owner forecasts approximately $2.7M in revenue for the current fiscal year ending March 2027 (up nearly 60% over prior fiscal year), and a buyer steps in with roughly $1.5M of contracted work still to bill plus another $2.7M of bids outstanding. The asking price also includes $100,000 of working capital and a $50,000 employee retention bonus pool the buyer can structure however they want. The owner is of retirement age and looking to sell his business to a buyer looking to continue the legacy he has built.

$2,050,000Asking Price
$1,700,000Revenue
$700,000Cash Flow

Market Snapshot

National transaction benchmarks for plumbing business businesses.

Under $500K

Median revenue$642k
Median cash flow$141k
Median sale price$250k
Multiple range1.2x - 2.4x

$500K to $2M

Median revenue$1.78m
Median cash flow$338k
Median sale price$850k
Multiple range2.2x - 3.4x

Over $2M

Median revenue$4.21m
Median cash flow$792k
Median sale price$3.25m
Multiple range3.4x - 5.3x

A variety of factors can cause businesses to trade outside this range, including earnings quality, operational transferability, key-person risk, growth trajectory, and geography, so a listing priced above or below the typical multiple usually reflects real differences in the underlying business.

What to know about plumbing business acquisitions

GW

By George Wellmer

Cofounder & CEO

Key diligence, valuation, financing, and transition considerations for buyers evaluating plumbing business acquisitions.

The License Dependency Problem

The single greatest operational risk in any plumbing business acquisition is this: does the master plumber license that allows the business to legally operate reside with the seller personally, and what happens to it at closing? In most states, plumbing licenses are issued to individuals, not to business entities. If the seller is the only licensed qualifier in the business and the license does not transfer with the acquisition, the business cannot legally perform licensed plumbing work until the buyer obtains their own license or hires a licensed qualifier. Confirm the license status, the state-specific transfer or endorsement process, and whether the buyer qualifies for expedited processing before signing a purchase agreement. Deals where the license situation is unresolved at closing are deals that either fail or create expensive post-closing operational crises.

How Plumbing Businesses Are Valued

Plumbing businesses are among the most actively acquired trade service categories in the SMB market, driven by strong fundamentals: essential services, recession-resistant demand, and fragmented market of independent operators that attracts both individual buyers and private equity roll-up platforms. Valuation nationally ranges from 2.5x to 5.3x SDE for well-run independent operations, with higher multiples commanded by businesses with strong recurring maintenance contract books, licensed technician depth, and operational independence from the owner. The private equity interest in plumbing has pushed valuations upward; operators generating $400K+ in SDE with stable technician teams will attract competitive buyer interest. Buyers who can demonstrate operational experience in field service businesses have a meaningful advantage in negotiations.

Service Agreements Are the Multiple Driver

The most reliable predictor of plumbing business valuation is the percentage of revenue derived from recurring maintenance agreements versus emergency service call work. Recurring maintenance contracts like annual drain cleaning, water heater maintenance programs, commercial service agreements with property managers provide predictable cash flow that buyers and lenders price at a premium. Emergency service call revenue is high-margin but volatile; recurring contract revenue is lower-margin but defensible and financeable. Businesses where 30–50% of revenue is contract-based command significantly higher multiples than dispatch-only operations. Review the contract book carefully: confirm that service agreements include assignment clauses that allow transfer to new ownership without requiring customer consent.

Technician Depth and the Labor Market Reality

Licensed plumbers are among the most constrained skilled trades workers in the U.S. labor market. The gap between demand and supply of licensed journeyman and master plumbers is structural; it is not closing on any foreseeable timeline. Any plumbing acquisition that depends on retaining two or three specific technicians should address this through employment agreements, retention bonuses, and equity participation prior to close. Technician departure in the first six months post-acquisition is the most common cause of post-closing revenue shortfalls in trade service acquisitions. Ask for technician tenure records, wage rates versus market, and whether any technicians have expressed interest in starting their own operations; this is material information.

Fleet, Equipment, and Environmental Considerations

Plumbing businesses are asset-intensive: service trucks, pipe cameras, hydrojetting equipment, excavation tools, and specialty diagnostic equipment represent significant capital. Request a full asset schedule with purchase dates, maintenance records, and current condition for every vehicle and major piece of equipment. Trucks past inspection, equipment requiring immediate replacement, and vehicles with undisclosed financing liens are among the most common post-closing surprises in trade service acquisitions. Budget conservatively for fleet and equipment replacement — a service truck fleet with an average age exceeding five years may require $50,000–$150,000 in near-term capital depending on fleet size. Commercial plumbing work that involves handling hazardous materials or working on municipal systems may carry additional environmental compliance requirements worth investigating.

Commercial vs. Residential Mix and Contract Assignability

Residential plumbing businesses are generally more transferable than commercial-heavy operations because residential customer relationships are distributed across hundreds of households rather than concentrated in a handful of commercial accounts. Commercial accounts that generate revenue from property management companies, restaurant groups, multi-family operators often represent significant recurring revenue but require review of contract assignability and change-of-ownership notification requirements. Some commercial service agreements include anti-assignment clauses that require customer consent to transfer to a new owner. Often consent is not always forthcoming. Map the concentration of revenue across customer accounts, and flag any commercial account representing more than 15% of total revenue as requiring specific attention in the purchase agreement.

Frequently Asked Questions

Answers to common buyer questions for this market.

Meaningfully different risk profiles, financing characteristics, and management requirements. Residential plumbing generates higher revenue per emergency service ticket but less predictable volume overall. You're dependent on homeowner call patterns across a dispersed service area. Commercial plumbing, especially operations serving property management companies or multi-family housing, generates lower per-ticket revenue but more predictable recurring work through service agreements and preferred vendor relationships. Commercial operations also require more licensed journeyman capacity, higher bonding limits, and more robust insurance than residential. Verify the business meets current commercial client insurance requirements before closing. Some commercial contracts have minimum coverage thresholds that trigger renegotiation on ownership change.