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Plumbing and Septic Services Provider

A Southern California plumbing and septic contractor tied to a city-wide sewer conversion running through 2036, with all vehicles and equipment owned free and clear.

Business Highlights

  • A city-wide sewer conversion project with thousands of connections remaining through 2036
  • All trucks, vans, tractors and equipment owned free and clear
  • Expanded from plumbing into sewer connections, so the work is not a single service line
  • A dedicated bookkeeper manages financials, software and administration
  • Established relationships with realtors and property managers drive repeat work

Considerations / Questions to Ask

  • The sewer conversion runs to 2036, which is a long runway. How is the work awarded, and what secures the business's share of it?
  • How does revenue split between the conversion work, general plumbing and septic?
  • What licensing must the buyer hold in California, and how is it obtained?
  • What is the crew size and their certification for sewer connection work?
  • How much of the fleet is due for replacement despite being owned outright?

Opportunities

  • A municipal conversion programme with a decade to run is unusually visible demand for a trades business
  • Owning the fleet outright means incremental work carries low marginal cost
  • Realtor and property manager relationships produce repeat work without marketing spend
  • Septic to sewer conversion is mandated rather than discretionary, so demand does not track the economy