Los Angeles and Orange County, CA Residential Plumbing Company

Brentwood Growth has been retained to represent an established and growing Plumbing business focused on providing residential plumbing services, installation and retrofit in the Los Angeles and Orange County, CA region.

Company Profile
*The Company was founded in 2016
*Customer base is approximately 95% residential
*Approximately 60% service and 40% installation and retrofit
*The Company has no new construction
*Serviced nearly 800 customers in 2023
*The top 10 customers represent approximately 16% of total sales
*Employs 8 non-union employees
*The Company uses Service Titan
*Has a 4.9-star Google review rating

Financial Profile

Projected 2024
-Revenues - $2.408m
-Adjusted EBITDA/SDE- $1.077m
-Gross Margin - 57.8%

TTM - September 2024
-Revenues - $2.217m
-Adjusted EBITDA/SDE - $1.016m
-Gross Margin - 62.4%

12/31/2023
-Revenues - $1.625m
-Adjusted EBITDA/SDE - $639k
-Gross Margin - 81.4%

12/31/2022
-Revenues - $1.420m
-Adjusted EBITDA/SDE - $446k
-Gross Margin - 82.6%

12/31/2021
-Revenues - $727k
-Adjusted EBITDA/SDE - $268k
-Gross Margin - 68.5%