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Fantastic opportunity to own a multi-trade company that serves the Greater Lansing area. They are 90% residential, 10% commercial, with 20% new construction. The business split is 30% plumbing and 70% HVAC, with no refrigeration. They have flat rate pricing in place, 400 maintenance agreements, and approximately 3,700 active customers in their database. They have a CRM in place, use QuickBooks for their accounting system, and outsource the payroll to a CPA.
4 listings
3 listings
2 listings
Jun 6, 2024
Plumbing Companies: Navigating Market Trends, Private Company Multiples and Valuation. Diving into the $126.4 billion plumbing industry where shifting residential and commercial demands, labor challenges, and the ability to pivot between markets are reshaping the landscape for savvy buyers, sellers, and brokers.