Profitable & Established Plumbing Business in Southern Ontario

Southern, ON·Trades & Services

Listed by N3 Business AdvisorsVerified broker

Established Business with Strong Reputation: This 30+years established plumbing services business boasts a long operating history built entirely on honest, dependable, and highly responsive customer service. Over the years, the company has secured preferred provider status through long-standing relationships with commercial condominium clients and major property management firms. These deep community roots drive consistent repeat business and strong word-of-mouth referrals, reflecting a corporate emphasis on transparent pricing and quality workmanship. While specialized in complex high-rise condominium and commercial systems, the business also maintains versatile, proven capabilities across residential and industrial plumbing sectors. Strong Financial Performance: As per the Seller, over the last 4 years, the business has generated approximately $3 million in average annual revenue, with approximately $1 million in average annual EBITDA, demonstrating consistent profitability and strong cash flow generation.This demonstrates a strong track record of consistent revenue, profitability, and cash flow generation. According to the seller, projected revenue for the 2027 fiscal year is approximately $2.8-3 Mil, reflecting current market conditions while continuing to generate attractive earnings and positioning the business for future growth under new ownership. Diversified Revenue Streams: This business serves a broad and resilient portfolio of 80 to 150 active customers, ensuring balanced exposure across residential, commercial, and property management sectors. Because customer relationships span multiple accounts, historical sales are healthily distributed rather than being dependent on a single, high-risk account. These established partnerships with property management firms unlock a steady pipeline of repeat service calls, emergency repairs, and lucrative maintenance projects. Ultimately, while plumbing remains the core revenue driver, this expansive and stable customer base provides an ideal launchpad for future growth into complementary services and new market segments. Experienced Staff: The company is backed by a stable team of 15 full-time employees, including licensed plumbers, registered apprentices, and dedicated operations management. Thanks to significant employee tenure, this experienced workforce ensures seamless continuity of technical expertise and strong, long-term customer familiarity. While the owner currently oversees day-to-day activities, the business is structured to operate successfully under a replacement manager following a proper transition. Recession Resilient: The business provides essential plumbing repair, emergency services, and ongoing maintenance for high-rise condominiums and commercial properties. Its focus on necessary repairs, drainage issues, and plumbing-system servicing may help support demand through varying economic conditions, with performance dependent on customer needs and market activity. Assets Included, Working Capital & Flexible Transaction Structure: The transaction is expected to include vehicles, tools and equipment with an estimated value of approximately $355K.. Negotiable working capital will be included in the transaction, subject to the terms of the Purchase Agreement and customary closing adjustments. The Seller is committed to facilitating a smooth 6 months transition, including training and knowledge transfer to help ensure continuity of operations and customer relationships. For a qualified buyer, the Seller is also open to considering a Vendor Take-Back (VTB) as part of the overall transaction structure, subject to mutually agreeable terms.