- Established & Trusted Plumbing Business with 30+ Years of History: This highly regarded plumbing business has been serving the GTA for over 35+ years and has built an excellent reputation for quality service. The company has earned numerous five-star reviews and maintains a strong presence in both the residential and commercial markets.
- Strong Financial Performance & Consistent Profitability: The business has a long history of stable financial performance, generating average annual revenues of approximately $2.1M over the last 4 years. SDE average of approximately $491K in the last 4 years.
- Diversified Revenue Streams & Loyal Customer Base: Well-diversified service business generating revenue from residential and commercial plumbing services (55%), premium bathroom renovations (35%), and showroom sales (10%), with strong average ticket sizes, recurring maintenance demand, and a reputation for high-quality workmanship using premium materials and finishes. Revenue is generated through service calls, bathroom renovations, and retail plumbing parts sales. The business serves approximately 12,000+ customers and benefits from strong repeat business and referrals. No single client represents a significant portion of revenue, providing a well-diversified customer base.
- Experienced Team & Established Operations: The company is supported by an experienced team of licensed plumbers, gas fitters, renovation staff, and subcontractors. The owner primarily oversees operations and staff management, while the team handles day-to-day service delivery, creating a well-structured operation. Currently, a Project Manager is being trained to transition into the role of General Manager, allowing the business to operate on a hands-free basis with minimal involvement from the owner.
- Valuable Assets, Facilities & Supplier Relationships: The sale includes approximately $388K in business assets. The company operates from a highly visible showroom and facility and has established strong supplier relationships that support efficient operations and purchasing.
- Smooth Transition, Attractive Acquisition Structure & Asset Sale: The owner is willing to provide training and transition support to ensure a smooth handover. Vendor Take Back (VTB) financing may be available to qualified buyers, making this an attractive acquisition opportunity. The business is an Asset Sale.
- Reason for Sale: The owner acquired the business within the last 2 years expecting it to be semi-absentee operated but later realized it requires greater day-to-day involvement. Due to commitments to other larger business ventures that demand his time and attention, he has decided to exit, despite the business performing well and having a strong team in place. The sale is not a reflection of the performance of the business, which continues to operate successfully and presents an excellent opportunity for an owner-operator or strategic buyer.
