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64/100· Fair Demo Listing

Residential Plumbing Service Company

Vancouver, British Columbia, Canada Plumbing Established 2010 9 employees

Business VerifiedRevenue Verified

Asking price

$780,000

WhatBiz estimated range $766,000 $1,098,000

Analyze this deal

Business overview

Work is predominantly residential service and repair with some renovation plumbing. Lead flow comes from reviews, repeat customers and a small ad budget.

Asking price
$780,000
Revenue (TTM)
$1,650,000
SDE
$265,000
EBITDA
$232,000
SDE multiple
2.94x
Cash-on-cash (unlevered)
34.0%
Recurring revenue
18.0%
Largest customer
6.0%

WhatBiz Score™ breakdown

Overall 64/100 — Fair. Each dimension is scored independently and weighted.

Profitability46

Seller's discretionary earnings are 16.1% of revenue.

Valuation59

Asking price is 2.94× SDE compared with a common small-business range of roughly 2×–4×.

Financial Health65

16 years of operating history with a 14.1% earnings margin.

Growth Potential60

Reported revenue trend of +11% year over year.

Market Outlook82

Category-level demand outlook based on WhatBiz industry model (sample data).

Owner Independence43

Business is described as owner operated with 9 employees.

Customer Concentration Risk98

Largest customer represents about 6% of revenue.

Financing Potential100

Seller indicates financing is available (about 20% seller-carried).

Scalability27

18% of revenue is recurring or contracted.

AI / Technology Disruption Risk88

Estimated exposure to automation and AI substitution in this category.

Valuation context

Comparable SDE multiples of 2.85x – 4.00x for Plumbing produce an estimated range of $766,000$1,098,000.

  • Recurring revenue: 18% recurring revenue is around or below category norms.
  • Growth: Revenue growing about 11% supports the upper end of the range.
  • Management in place: Heavy owner involvement narrows the buyer pool and reduces the multiple.
  • Operating history: 16 years of history reduces perceived risk.
What's included
  • 6 service vans
  • Tools and equipment
  • Customer database
  • Brand assets
Growth opportunities
  • Add water heater and filtration replacement programs
  • Introduce a membership maintenance plan
  • Hire a dedicated dispatcher to raise booking rate
Reason for sale
Owner is buying a larger mechanical contractor.
Competition
Steady demand, moderate competition, technician hiring is the main constraint.

This is demo data provided for product demonstration. Figures are illustrative, are not verified, and are not an offer to sell a business. WhatBiz analysis is educational and is not financial, legal, tax or investment advice.

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