SEEKING BUYER
$230K EBITDA Rooter & Plumbing Company in California
Construction · California, USA
revenue: $664,391
ebitda: $230,059
Exclusivity:
Exclusive Representation
SBA Eligiblity:
Eligible
Revenue:
$664,391
EBITDA:
$230,059
This company has served Alameda and Contra Costa Counties since 1992, with roughly 90% of volume in Oakland, Berkeley, and Emeryville. Revenue rests on ten to twelve property management and HOA relationships, most predating the current owner's 2003 acquisition. Work orders arrive centrally by email rather than through the owner personally; he has never met several of his largest clients. The company holds a California C-36 entity license with no disciplinary history and operates with no office or yard. BUYER REQUIREMENT: CALIFORNIA C-36 LICENSE The business cannot operate without an active C-36 Plumbing Contractor's License held through a qualifying individual. A buyer who does not personally hold a C-36 must engage a Responsible Managing Employee or Officer, a recurring cost not reflected in historical results and which buyers should model into valuation. The seller will serve as RMO through a defined transition. The lead foreman has indicated he does not intend to remain and should not be treated as the licensing solution. Full detail in the CIM.