Plumbing and electrical businesses are similar in a range of aspects, meaning that their values are also closely aligned. These trades provide maintenance/repair and replacement for existing buildings, as well as new installations in buildings under construction. As will be discussed, the degree to which a particular business focusses on the maintenance side compared to the new installation area of the industry, can significantly impact business value.
Plumbing businesses supply, install, repair and maintain fixtures related to liquids and gases. Main services include:
• Drainage, stormwater, septics and sewer construction as well as maintenance;
• Gas plumbing/hot water systems;
• Internal and external plumbing fixtures, sinks, WCs, showers etc.