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Redcliffe Plumbing Business

Plumbing

ActiveConstruction & TradesQueenslandB2B & B2C
Asking price
~$525,000
est. from headline + $60,000 plant + $15,000 stock · AUD
Revenue
Earnings (est.)
~$266,200
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~2.0×
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