Description:
The Company is a contractor that provides plumbing services and installation of gas lines for natural gas and liquid propane. The Company provides new construction, remodel, and repair services for residential and commercial properties.

Key Aspects:
• The plumbing entity maintained an average gross profit margin of 32.8% from 2021 through 2023
• Management estimates 85% of 2023 revenue came from repeat customers
• As of August 31, 2024, the Company carries no long-term debt
• The Company has blanket contracts with several local general contractors
• The Company’s robust fleet of service trucks supports residential and commercial jobs efficiently and effectively

Financial Note: Revenues and costs are subject to intercompany transfers not identified

Opportunities:
• Expand the equipment leasing to include outside companies and smaller plumbing operations
• Develop and deploy a marketing campaign to expand the customer base
• Cultivate affiliations with general contractors in nearby geographic areas with high population growth
• Implement a customer relationship management (CRM) technology to track and manage routine service contacts
• Engage customers in service contracts and add a specialized service team

Headquartered:
• Southeast, US

Current Markets:
• The Company primarily serves residential and commercial clients throughout its local area.

Real Estate:
• The Company operates from a 5,070 sq. ft. facility owned by a related entity.
• There is room to grow in the current location.
• The facility may be included in the sale of the Company or leased long term.

Shareholder Ownership:
• The Company is fully owned by a single shareholder who would like to pursue retirement.
• The owner is willing to remain with the company for a predetermined period to facilitate a smooth transition to new ownership.