
Build a plumbing business that sells - even if you never plan to sell
You don’t have to sell your company. But it should run like something worth buying. This week, we show how to build a plumbing business that earns, scales, and protects your freedom - whether or not you ever take a deal.
Plumbing Profit Play Series (Week 5 of 5): Exit on Your Terms (If You Want To)
✅ Week 1: Stand Tall or Sell Out
✅ Week 2: Lock in Loyal Revenue
✅ Week 3: Hire and Keep Elite Techs
✅ Week 4: Expand Services Without Bloat
✅ Week 5: Exit on Your Terms (If You Want To)
What’s happening now
Private equity is buying plumbing businesses at record pace
Acquirers look for clean books, systems, recurring income, and teams that run without the owner
Even if you never sell, those traits create a stronger, freer business
Three Strategic Moves
1. Systemize yourself out of the center
Why it matters:
If your business stops when you do, it’s not a sellable asset - it’s a high-paying job.
How to implement:
Document your daily tasks and delegate them
Train one team member to lead when you’re away
Remove your name from estimates, job site assignments, and customer emails
What to avoid:
Don’t wait until you’re burned out. Systemize now - freedom follows
2. Build recurring revenue into your valuation
Why it matters:
Nothing adds value like subscription income. It increases sale price and reduces risk.
How to implement:
Convert service agreements into auto-renewing plans
Standardize plan delivery across all techs
Track and report on churn monthly
What to avoid:
Don’t forget to monetize the relationship, not just the repair
3. Track the metrics that buyers care about
Why it matters:
If you can’t measure your value, you can’t increase it. Buyers look for healthy EBITDA, retention, and margin - not just revenue.
How to implement:
Start monthly reporting on: recurring revenue, average ticket, gross margin per job, and tech retention
Use job costing to tighten pricing and trim waste
Clean up your books now - not during due diligence
What to avoid:
Don’t confuse top-line growth with true value. It’s about profit, process, and predictability
"You don’t have to sell. But you should build like someone might want to buy."
5-Day Execution Plan
Monday
List every role or task you still do
→ Outcome: Delegation map
→ Tip: Highlight anything a tech, admin, or vendor could do instead
Tuesday
Review all service plans - are they on auto-renew?
→ Outcome: Predictable revenue
→ Tip: Use simple terms like “yearly peace-of-mind plan”
Wednesday
Meet with your bookkeeper to clean up financials
→ Outcome: Trustworthy data
→ Tip: Start tracking EBITDA, not just revenue
Thursday
Run a team huddle on the concept of a business that works without you
→ Outcome: Ownership mindset
→ Tip: Frame it as growth, not replacement
Friday
Download a sample valuation checklist
→ Outcome: Exit clarity, even if it’s years away
→ Tip: Keep it in your leadership folder and update quarterly
Bottom-line recap
Even if you never sell, your plumbing company should run - and grow - without you. That’s not just value. That’s freedom.
What’s next
You’ve completed the Plumbing Profit Play Series. Now you choose: scale with intent, delegate like a pro, and build something worth owning - or worth selling.
Your next step
Want the full playbook on how to make your business private equity proof - or private equity ready? Download the PE Guide for Home Service Owners
👉 https://thebluecollarwave.com/pe-guide
Jim Cosmas
The Blue Collar Wave
https://thebluecollarwave.com