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Full Editorial Writeup
Founded in 2007, this sewer and drain cleaning company has operated continuously for 19 years across Nassau County, New York, building a loyal customer base and strong local reputation. The business delivers an essential, non-discretionary service: when a drain backs up or a sewer line clogs, the homeowner calls immediately and pays whatever it costs. Operating out of a modest 2,000 square foot leased facility at just $2,000 per month, the company runs lean with only 2 full-time employees and minimal overhead.
The standout feature here is the margin profile. On $800,000 of revenue the business throws off $628,000 of seller's discretionary earnings, a roughly 78% margin that is extraordinary for the trades and well above typical plumbing and drain-service benchmarks. That number almost certainly reflects heavy owner labor and billing, which is the central thing a buyer must underwrite. The territory is dense and affluent, giving the operation pricing power and consistent call volume.
At a $1.3M asking price against $628,000 in cash flow, the deal pencils at roughly 2.07x, which looks cheap on paper for a recession-resistant, essential service. The retirement sale, small two-person team, and clear expansion runway into the five boroughs or Suffolk County make this a classic owner-operator or tuck-in target for a licensed plumbing professional or a platform looking to add route density in the New York metro.
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