NYC Union Plumbing Contractor - Staten Island Platform

$922K

SDE

1.9x

Multiple

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Full Editorial Writeup

***NYC LICENSED MASTER PLUMBER REQUIRED, OR BUYER MUST HAVE APPROPRIATELY LICENSED MAJORITY OWNERSHIP / MANAGEMENT IN PLACE*** Offered for sale is a rare opportunity to acquire a long-established... Businesses Franchises Brokers Loading... NYC Union Plumbing Contractor | $900K+ SDE | Team, Fleet + Backlog Richmond County, NY Asking Price:$1,795,000 Cash Flow (SDE):$922,000 EBITDA:Not Disclosed Gross Revenue:Not Disclosed Real Estate:$2,600,000* Established:1961 *not included in asking price. NYC Union Plumbing Contractor | $900K+ SDE | Team, Fleet + Backlog Business Description ***NYC LICENSED MASTER PLUMBER REQUIRED, OR BUYER MUST HAVE APPROPRIATELY LICENSED MAJORITY OWNERSHIP / MANAGEMENT IN PLACE***Offered for sale is a rare opportunity to acquire a long-established union plumbing contractor serving Staten Island and the greater New York metro market. Founded in 1961, the company has built a strong reputation for reliability, quality workmanship, and long-standing relationships across commercial, institutional, and residential projects.The business operates as a full-service plumbing contractor with capabilities across service work, alterations, and select larger-scale projects. Over decades in operation, the company has developed valuable customer relationships and a respected reputation in the local market.The firm is union-affiliated, creating meaningful barriers to entry and making this an attractive strategic platform for a licensed plumbing or mechanical contractor seeking immediate expansion in the Staten Island / NYC market.Operations are supported by an experienced workforce, fleet, equipment, and established operating infrastructure. Ownership has historically been relationship-driven and hands-on, and is open to supporting a thoughtful transition to ensure continuity with customers, employees, and operations.This is a genuine ownership transition opportunity with meaningful operating history and real strategic value for the right buyer.Highlights:• Long-established union plumbing contractor founded in 1961• Strong reputation in Staten Island / NYC market• Active customer relationships and recurring business• Skilled union workforce in place• Fleet, equipment, and operating infrastructure included• Meaningful barriers to entry through licensing and union affiliation• Seller open to supporting transition• Potential seller financing for qualified buyers• Attractive strategic fit for buyers seeking Staten Island/NYC footprint Ad#:2511895 Detailed Information Inventory: $100,000Included in asking price Employees: 14 (7 Full-time, 7 Contractors) Facilities: The business operates out of approximately 4,000 SF of industrial/office space in Staten Island, NY. The property is owned by a related entity and is not included in the business sale. Ownership is open to structuring a long-term lease with a buyer, and there is potential to discuss acquisition of the full 8,800 SF mixed-use building separately. Operations are supported by standard plumbing equipment, tools, office systems, and service vehicles. Asset details to be confirmed during due diligence. Competition: The company operates in the New York City plumbing and mechanical contracting market with a strong union presence. Licensing requirements and union affiliation create meaningful barriers to entry, limiting competition and positioning the business for larger commercial, institutional, and public-sector work. Growth & Expansion: Opportunities exist to grow by increasing bidding volume, expanding service work, adding licensed personnel, and pursuing additional union projects. A well-capitalized buyer may also benefit from operational efficiencies and expanded geographic or service-line coverage. Financing: Seller financing available Transaction is suitable for SBA financing. Seller finance may be considered. Support & Training: Current ownership is willing to provide a structured transition period to support continuity of operations, client relationships, and licensing considerations. Training and handoff details can be tailored to buyer needs and agreed upon during diligence. Reason for Selling: Ownership is exploring a sale as part of a long-term succession and transition. Business Location Location: Richmond County, NY Real Estate: Owned Not included in asking price Building SF: 8,800 Demographic Information for Richmond County Area Household Income Population Age Population Trend Population by Race/Ethnicity BizBuySell EDGE Financial Benchmarks for New York Plumbing Businesses Gross Revenue Benchmarks Cash Flow (SDE) Benchmarks EBITDA Benchmarks BizBuySell EDGE Listing Statistics Saved This Listing Listing Last Updated Appeared in Search Listing Detail Views BizBuySell EDGE Know the True Market Value Before You Make an Offer Get valuation data to negotiate with confidence. Get a Valuation Report Business Listed By: Flamekeep Capital Phone Number 646-863-4343 Voice only (no SMS) Ad#:2511895 The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness. Read BizBuySell's Terms of Use before responding to any ad. Learn how to avoid scams. Contact Form Full Name* Enter a valid Full Name Phone Number Enter Phone Number Email Address* Enter Email Address Optional Message Yes, send me the Buyer Newsletter for popular businesses, tips, & email promotions. Optional: Check if you want to use IRA/401k funds ($75K+) to buy a biz - Guidant will call Send Message By clicking the button, you agree to BizBuySell’s Terms of Use and Privacy Notice Business Listed By: Flamekeep Capital Phone Number 646-863-4343 Your request has been sent. What Happens Next? is reviewing your details. A representative will reach out soon to discuss your options. Expect a response in 1-2 business days. Report an issue with this listing Similar Listings Plumbing Businesses for Sale All Businesses for Sale in Richmond County Scaffolding & Construction Company for Sale in NY Kings County, NY Asking: $2,500,000 $1.4M SDE Commercial Lighting Platform – Entrenched Customer Base New York, NY Asking: $5,200,000 Highly Profitable Environmental Remediation & Abatement Contractor NY Asking: $4,250,000 360 Painting Franchise Opportunity In NY Cash Required: $50,000 ©2026 CoStar Group Send Message Listing Shared via Email a6301374279843840.cdn.optimizely.com a6301374279843840.cdn.optimizely.com is blocked This page has been blocked by an extension Try disabling your extensions. 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Why we like it

At 1.95x SDE on $922K of cash flow, this is priced below typical trades multiples for a business with this kind of operating history. The margin is meaningful and the asset base (fleet, $100K inventory, equipment) is included in the price, so a buyer is not paying a goodwill premium on top of hard assets.
The union affiliation combined with NYC master plumber licensing is a real moat, not marketing fluff. These requirements gate access to commercial, institutional, and public-sector bids that the vast majority of plumbing shops cannot legally pursue, which structurally limits competition and protects pricing.
Plumbing is about as recession-resistant as trades get. Pipes break, code compliance is mandatory, and institutional and municipal clients keep spending through downturns, so the demand base does not evaporate when the economy softens.
Sixty-plus years in business with established recurring customer relationships means the cash flow is not founder-dependent novelty, it is a durable book. A licensed acquirer already operating in NY metro gets an instant footprint expansion and a trained union crew, which is far cheaper than building one from scratch.

How to improve it

Lock down the licensing structure in the first 90 days. If the buyer is not a master plumber, immediately confirm and formalize the licensed manager or majority-ownership arrangement so the company keeps bidding without interruption, because losing license status would zero out the moat overnight.
Increase bidding volume on union and public-sector projects. The listing flags underutilized bid capacity, so a well-capitalized owner can put more estimating muscle behind larger institutional and municipal RFPs that competitors are locked out of, converting the licensing moat into top-line growth.
Build out recurring service contracts. Move from project-by-project work toward maintenance agreements with commercial and institutional clients, which smooths revenue, raises customer lifetime value, and makes the business more defensible and more valuable at exit.
Add licensed personnel to expand throughput. The current ceiling is partly labor and licensing capacity, so recruiting or developing additional qualified plumbers lets the firm take on more concurrent jobs and pursue larger contracts without bottlenecking on the principal.
Negotiate the real estate decision deliberately. The owned 8,800 SF building is available separately at $2.6M, so model both a long-term lease versus an SBA-financed purchase and decide which structure protects cash flow while securing the operating location.
Tighten job costing and gross margin tracking by project type. Union labor is expensive, so install disciplined estimating and percentage-of-completion accounting to identify which work (service vs. alterations vs. large projects) actually drives the SDE and double down there.
Formalize the customer relationships beyond the founder. After 60 years, much of the goodwill likely sits with ownership personally, so document the relationships, transition introductions during the seller's structured handoff, and convert verbal arrangements into contracts.

Diligence notes

Verify the licensing and union compliance status in detail. Confirm exactly which master plumber license the operation runs under, whether it transfers or must be replaced, and what the union collective bargaining agreement obligates the buyer to, because the entire moat and the legal ability to operate hinge on this.
Gross revenue is not disclosed, so reconstruct it from tax returns and confirm the $922K SDE add-backs are legitimate. With union labor and 7 contractors, scrutinize how contractor costs, owner compensation, and any related-party rent are being treated in the cash flow figure.
Examine the backlog and customer concentration carefully. The title touts a backlog, so quantify signed versus pipeline work, check how much revenue comes from the top few clients, and assess whether any large institutional contracts are at risk of non-renewal post-sale.
Clarify the real estate and rent arrangement. The building is owned by a related entity and excluded from the price, so confirm whether the SDE includes a below-market related-party rent that will rise under an arm's-length lease, which would compress real earnings.
Assess the 7 contractor relationships and workforce stability. Determine whether the contractors are genuinely independent or effectively employees, what their continuity looks like post-sale, and whether key union tradespeople are likely to stay through the transition.

Source

Originally listed on BizBuySell. View original listing →