Redcliffe Plumbing Business
Plumbing
ActiveConstruction & TradesQueenslandB2B & B2C
Asking price
~$525,000
est. from headline + $60,000 plant + $15,000 stock · AUD
Revenue (est.)
~$1,422,250
Estimated · comparable listings of this type and size
Earnings (est.)
~$231,434
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~2.3×
Assumed · estimated price ÷ estimated earnings (as advertised)
Brief
- Well-established Redcliffe plumbing and gas services business operating for over 50 years
- Preferred plumber for numerous local apartment complexes, hotels and commercial tenants within a 10km service radius
- Thousands of clients on its database across commercial, residential and domestic sectors
- Services include commercial marine, domestic drainage and residential sanitary plumbing
- Very low overheads
- Significant equipment included, such as a 2019 Hyundai iLoad
- Current owner wishes to slow down after a long tenure
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