Separate the service lines before discussing value
Plumbing and drainage businesses can combine maintenance, construction, civil drainage, gasfitting, roofing, backflow, fire systems, mechanical services, design, inspection, and emergency response. These activities are not one regulatory category.
Prepare revenue, gross margin, labour, subcontractor, asset, and working-capital information by service line and jurisdiction. Identify which work is recurring, project-based, reactive, warranty-related, or dependent on one person.
Map the applicable jurisdiction
| Jurisdiction | Primary entry point | Seller diligence focus |
|---|---|---|
| New South Wales | NSW licences and credentials | Exact trade, specialist, contractor, certifier, and safety credentials, including who holds them and the approved work scope. |
| Victoria | Energy Safe Victoria and Building and Plumbing Commission | Separate electrical, plumbing, gas, building, and practitioner pathways. Check individual and business coverage. |
| Queensland | Queensland electrical licences and QBCC licences | Separate electrical and QBCC pathways, including plumbing, drainage, fire protection, building, and certifier classes where relevant. |
| Western Australia | Building and Energy | Electrical, plumbing, gas, building-services, provider, and board requirements for the work and business model. |
| South Australia | Consumer and Business Services | Contractor, worker, building, plumbing, gas, electrical, and occupational authority for each service performed. |
| Tasmania | Consumer, Building and Occupational Services | Practitioner, contractor, building-services, electrical, plumbing, gas, and specialist-work coverage. |
| Australian Capital Territory | Access Canberra occupational licences | Construction occupation, electrical, plumbing, gasfitting, inspection, business, and endorsement requirements. |
| Northern Territory | NT WorkSafe and Building Practitioners Board | Electrical, high-risk, building-practitioner, plumbing, drainage, certifier, and contractor pathways. |
This table identifies official entry points, not a complete licence determination. For every operating location, confirm the service, work scope, credential holder, business or nominee requirement, supervision, expiry, mutual-recognition position, and effect of a share or asset sale.
Build a credential and certification register
- licence, registration, endorsement, class, and issuing authority
- individual, contractor, company, nominee, or responsible-person holder
- authorised work scope, conditions, geography, supervision, and expiry
- certificates, notices, inspection, testing, and record obligations for the actual work
- effect of an asset sale, share sale, ownership change, key-person exit, and interstate work
- succession action, evidence, owner, dependency, and regulator confirmation
The National Construction Code provides a national technical framework, but adoption, licensing, approvals, inspections, and enforcement operate through state and territory systems.
Test contract and revenue quality
Separate signed maintenance agreements, scheduled service, emergency work, construction projects, framework arrangements, purchase orders, informal repeat work, and tender pipeline. For each material relationship, review scope, pricing, renewals, termination, assignment, change of control, retentions, variations, defects, warranties, and concentration.
Regulatory or maintenance demand can support a category of work. It does not guarantee a customer's contract, provider choice, revenue, margin, or renewal.
Prepare assets, safety, environment, and project evidence
- vehicles, plant, excavation equipment, tools, test devices, leased assets, maintenance, and replacement plans
- work in progress, cost to complete, variations, retentions, claims, deposits, and debtor ageing
- safety systems, high-risk work, incidents, notices, corrective actions, and subcontractor controls
- waste, contaminated material, asbestos, water, trade-waste, environmental, and local requirements where relevant
- defects, callbacks, warranties, complaints, insurance notifications, and regulator correspondence
Plan people and transition before approaching buyers
Map estimating, scheduling, technical decisions, licences, certifications, customer relationships, supplier terms, safety leadership, and quality control. Assign a lawful and commercially credible successor for each owner dependency.
Use the Australian employee guide and owner-transition guide. A handover can transfer knowledge, but it cannot substitute for a required credential, regulator approval, employee process, or customer consent.
Official Australian resources
- Australian Building Codes Board: National Construction Code
- Safe Work Australia: Law and regulation
- business.gov.au: Sell your business
- business.gov.au: Value your business
- NSW Government: Licences and credentials
- Energy Safe Victoria: Licensing
- Victoria Building and Plumbing Commission
- Queensland: Electrical licences
- Queensland Building and Construction Commission: Licences
- Western Australia Building and Energy
- South Australia Consumer and Business Services: Licensing
- Tasmania Consumer, Building and Occupational Services: Licensing
- Access Canberra: Occupational licences
- NT WorkSafe: Licensing and registration
- Northern Territory Building Practitioners Board