Seeking equity: B2B Residential Plumbing 3.6X EBITDA Multiple
January 06, 2025
by a searcher from Yeshiva University in Seattle, WA, USA
Looking for equity investors for a highly attractive residential plumbing business under LOI at a 3.6x EBITDA multiple.
Key Stats:
~$25M Revenue
~$6M EBITDA (22%+ EBITDA margins)
~115 employees (W2, non-union)
Highlights:
-Experienced management in place with retiring seller
-$80M+ backlog expected to be realized over the next 3-5 years
-Purchase price includes $5M interest only seller note and $1M earn-out
-Focused on large scale single family residential developments built by blue-chip builders
-Located in fast growing market with positive migration and building activity
-Strong historical cash flow generation with minimal capex or working capital requirements
Please DM me for more information.