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Construction

$1.3M EBITDA Leading Hamptons Luxury Plumbing Contractor

Hampton Bays, NY, USA
Listed 30 days ago

A leading luxury plumbing contractor serving the Hamptons and surrounding East End market is seeking a strategic or financial partner to support its next phase of growth. The owner is prepared to remain involved and to retain meaningful equity alongside a new partner. OVERVIEW The opportunity provides a prospective investor with an established platform or add-on in perhaps the most affluent, supply-constrained market in the U.S. with multiple avenues for value creation through additional licensed crews, geographic density, complementary trades, expansion of recurring service revenue, and selective tuck-in acquisitions. The Company generated approximately $4.1 million of adjusted revenue and $1.325 million of adjusted EBITDA in 2023, representing a 32% adjusted EBITDA margin and approximately 36% revenue CAGR since 2020. Competitive Edge The Company has built a differentiated position in this high-end residential construction and renovation market through long-standing relationships with premier builders, a fully licensed in-house workforce, strong customer retention and a reputation for high-quality craftsmanship. Growth & Future Surging East End residential investment along with local environmental mandates, including Suffolk County septic upgrade regulations, continues to fuel project volume. With scarce licensing, an asset-light operating model, documented workflows and opportunities to expand recurring service, licensed capacity and complementary trades, the Company represents an attractive platform or add-on for a strategic or financial buyer seeking an established presence in one of the nation’s most affluent residential construction markets.

Employees

9 Non-Union

Lease Terms

Shop is leased through an owner-related party.

Real Estate

Lease

Management Type

This business is owner operated.

Owner Financing

Owner financing is available. Please contact the seller for more information.

Support & Training

Owner willing to remain involved post-close, retain the license during the transition where legally permissible, and serve in a salaried operating role or participate as equity holder.

Reason for Selling

Timing, looking for new ownership to take to next level.

Financials

Asking Price
$6M
RevenueMost Recent Year
$4.1M
Earnings (SDE)Last Reported
$1.3M
Earnings (EBITDA)Last Reported
$1.3M
Assets ValueIncluded in Asking Price
$100K
Seller Financing
Yes

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