Listing Number: 9525-107092
Description
Location: Northern VA
Asking Price: $7,500,000
Gross Revenue (2023): $6,412,782
SDE (Avg 2023-2024): $1,452,178
Inventory Included: ~$1,000,000
FF&E: $500,000
Real Estate: Leased (4,067 sq ft)
Employees: 20+ including office staff, journeymen, helpers, superintendents, and licensed mechanics
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Business Description:
This is a rare opportunity to acquire one of Northern Virginia's most reputable plumbing companies with over 40 years of continuous operation. J. Kittelberger & Sons, Inc. has built a stellar brand through its high standards, client retention, and long-standing relationships across the residential and commercial sectors.
With a highly stable team, consistent year-over-year revenue growth, and disciplined operational structure, the company delivered over $1.8M in SDE in 2023. The average SDE from 2023-2024 is $1.45M. The company maintains licensing across VA, MD, and DC, and can transition licenses post-sale under a consulting agreement or employment contract with the current owner.
This is a strong acquisition opportunity for experienced operators, strategic plumbing or HVAC groups, or private equity firms with a buy-and-build thesis in the trades.
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Highlights:
• 40+ years of brand equity and community reputation
• 20+ fully trained employees, including 2 seasoned superintendents (19+ and 20+ years)
• Revenue Breakdown: ~60% Commercial / 40% Residential
• Service Breakdown: plumbing, drain cleaning, excavation, jetting, water heaters, gas lines, pipe replacements, sewer blockages
• Strong client base: top 4 clients represent ~68% of revenue; all repeat and multi-project clients
• Fleet of service vans (fixed asset list available)
• Robust payment terms with vendors, minimal overdue AP
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Recent Performance & Growth Drivers:
• SDE grew 73% from 2021 to 2022 due to COVID-rebound project backlogs
• Revenue has consistently grown post-COVID with strong project demand in commercial buildouts
• The company has scalable infrastructure and strong margins, and could reach $8M-$10M in revenue with additional investment
• CAPEX is estimated at $50K annually, primarily for fleet additions every 3-5 years
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Ideal Buyer Profile:
• Plumbing/HVAC operators seeking market share in DMV Metro area
• Private equity firms pursuing a platform or bolt-on
• Entrepreneurs with service industry experience and SBA approval
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Team & Transition:
• Strong management in place with 2 Superintendents (30+ years combined), Service Manager (30 yrs), and Office Manager (11 yrs)
• Seller is open to a 6–12 month consulting agreement
• License transition strategy in place
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Terms:
• Sale Type: Asset Sale
• SBA Pre-Qualified: Yes
• Seller Financing: Available (up to $700,000)
• Deal Structure: Equity: $800K | Debt: $6M | Seller Note: $700K
• Non-Compete: 5 years, 5-mile radius
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Buyer Requirements:
• Signed NDA
• Proof of Funds and/or SBA Pre-Approval Letter
• Experience operating or managing a service business is strongly preferred
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To inquire:
Please respond with your full name, email, phone number, and a brief introduction. We will only respond to serious inquiries that meet the qualifications above.
Listing Details
- Price: ¥ 7,500,000
- Down Payment: --
- Sellers Discretionary Earnings: ¥ 1,800,000
- Total Sales: ¥ 6,400,000
- Location: Virginia
- Inventory: ¥ 1,000,000
- FF&E: ¥ 500,000
- Employees:
- Reason for Selling: Retirement
- Category: Construction
