Plumbing Multiples (Atlanta)
What EBITDA multiples are you seeing for plumbing? We've been in conversations with a local plumbing shop here in GA. 50/50 commercial/resi. They do ~$5.5M in revs. I see that industry average Net Margins are 15% - 20% (correct me if that's wrong). Their margins are lower due to how they like to run the business (they have some bloat).
I pulled some comps and see EBITDA multiples fromredacted25x. Is that what others are seeing?