Internal Ref: 38527461
Summary
Long-established plumbing maintenance group servicing residential, commercial and institutional clients across South East QLD. Recurring contracts, experienced management and low owner involvement.
Revenue
$5,900,000 pa
Rent
$55,000 pa
Expenses
$4,000,000 pa
Net Profit
$1,650,000 pa
Location Details
QLD
Servicing Brisbane and Greater South East Queensland
Potential
This is a strong platform business that can easily expend through modernisation and internal growth or through acquiring other smaller players. Revenue and profit figures are remarkably consistent year on year. Retiring owner.
Skills
Best suited to an experienced plumbing operator, trade services group or strategic buyer with management and growth capability. Relevant plumbing, drainage and gas-fitting licences must be maintained. The established operations manager and experienced workforce support a smooth transition.
Reason for Sale
The owner is seeking to retire after many decades in the industry.
About the Business
This long-established plumbing maintenance business provides essential repair, maintenance and plumbing services across Greater South East Queensland Region.
Broad mix of residential, commercial and institutional clients, completing work ranging from routine plumbing repairs and blocked-drain services through to larger maintenance programs and recurring contract work.
Proven service capability, regional coverage and an experienced team have created a dependable and highly scalable operating platform.
Revenue is generated through repeat maintenance work, long-standing client relationships, referral activity and formal service contracts.
The business recently secured several substantial contracts with major institutional and commercial clients, strengthening future workflow and revenue visibility.
For FY26, the business is presented with approximately $5.88 million in turnover and adjusted EBITDA of approximately $1.65 million with remarkably steady performance year over year.
The owner contributes approximately 15 hours per week and remains the primary strategic decision-maker, but the business generally operates autonomously through an established operations manager, administration team and qualified plumbing workforce.
An incentivised operations manager coordinates daily activity, team performance and service delivery, reducing reliance on the owner and providing continuity for a purchaser.
The sale includes a relatively lean operating asset base valued at approximately $360,000. Includes vehicles, plumbing equipment, office setups, and digital assets.
Unique Selling Points:
✓ Strong regional reputation and repeat customer base
✓ Recently secured institutional and commercial contracts
✓ Experienced operations manager willing to support an extended transition
✓ Large qualified workforce already in place
✓ Limited current owner involvement
✓ Low premises costs relative to turnover
✓ Strong maintainable earnings
✓ Broad South East Queensland service coverage
✓ Established systems and operational processes
✓ Clear potential for further modernisation and expansion
Due to confidentiality requirements, interested buyers must sign an NDA before recieving sales information. Enquire on this listing and we will send you the next steps direct to email and phone.
History
Decades of steady operation.
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