Operate · the United States
Underwriting: Plumbing and Heating Equipment and Supplies (Hydronics) Merchant Wholesalers
What public records can and cannot establish about running this business in the United States, dimension by dimension, with the gaps named.
—
not scored
REWORK
PROVE
OPEN
NOT SCORED. 65 of 100 rubric points are evidenced deterministically from public records; 10 have no producer. The ±3.1 interval measured elsewhere on this site is ARBITER's sampling variance and does not apply to a SQL query, which returns the same answer every time it runs.
IndustryNAICS 423720
Scopethe United States
RubricO1.0-20260804
Pricedfree — no account, no gate
52th percentile of 287 industries
Where this industry stands
| Net formation, 5yr | Percentile | Reads as | Signal strength |
|---|---|---|---|
| +0.33% | 52th of 287 | roughly in balance | ρ 0.57 across 4 backtested windows, 42.6pp decile separation |
Economic Census 2022
What it costs to produce
| Measure | Value |
|---|---|
| Margin on receipts | 86.9% |
| Computed as | value added — receipts less operating expenses |
| Industry receipts | $97.8bn |
SBA 7(a) acquisition loans · FY2010–FY2026
Can you borrow to buy one
| Measure | Value |
|---|---|
| Acquisition loans approved | 257 |
| Median loan | $327,741 |
| Mean rate | 6.89% |
| Mean term | 128 months |
| Charged off | 2.3% |
2,554 firms · Census SUSB 2022
What firms here actually earn
| Revenue band ($000) | Firms | Share | Cumulative | Labour share of revenue |
|---|---|---|---|---|
| <100 | 113 | 4.4% | 4.4% | 42.3% |
| 100-499 | 398 | 15.6% | 20.0% | 23.0% |
| 500-999 | 272 | 10.6% | 30.7% | 18.5% |
| 1,000-2,499 | 421 | 16.5% | 47.1% | 17.2% |
| 2,500-4,999 | 312 | 12.2% | 59.4% | 14.5% |
| 5,000-7,499 | 194 | 7.6% | 67.0% | 14.1% |
| 7,500-9,999 | 108 | 4.2% | 71.2% | 13.4% |
| 10,000-14,999 | 143 | 5.6% | 76.8% | 11.9% |
| 15,000-19,999 | 84 | 3.3% | 80.1% | 10.3% |
| 20,000-24,999 | 62 | 2.4% | 82.5% | 11.4% |
| 25,000-29,999 | 41 | 1.6% | 84.1% | 10.6% |
| 30,000-34,999 | 29 | 1.1% | 85.2% | 10.4% |
| 35,000-39,999 | 28 | 1.1% | 86.3% | 11.1% |
| 40,000-49,999 | 51 | 2.0% | 88.3% | 9.2% |
| 50,000-74,999 | 63 | 2.5% | 90.8% | 9.0% |
| 75,000-99,999 | 31 | 1.2% | 92.0% | 7.2% |
| 100,000+ | 204 | 8.0% | 100.0% | 6.5% |
SBA 7(a) · FY2010–FY2026
Can an acquisition here be financed?
| Measure | Value |
|---|---|
| SBA acquisition loans on record | 257 |
| Median loan | $327,741 |
| Typical rate | 6.89% |
| Typical term | 128 months |
| Total approved | $156,607,600 |
| Charge-off rate, seasoned cohorts | 2.3% |
| Loans that reached an outcome | 130 |
| Rank among industries | 6th of 501 |
Take this away
| Format | What it is |
|---|---|
| download the document → | One self-contained file — no stylesheet, no fonts, no scripts. Works offline, prints, and carries a content hash anyone can verify at /verify without an account. |
| JSON → | The same figures as data, with every source and gap attached. |
65 of 100 rubric points evidenced
What this report can and cannot underwrite
| Dimension | Weight | Evidence | Predicts? | Source |
|---|---|---|---|---|
| O1 · Demand density and recurrence | 25 | evidenced | predictive · ρ +0.57 | US Census County Business Patterns |
| O2 · Payment evidence | 15 | partial | not backtested | USASpending.gov — US federal government work, public domain |
| O3 · Licence gate favourability | 15 | evidenced | not backtested | CareerOneStop / ARC, U.S. Department of Labor |
| O4 · Labour availability | 15 | evidenced | not backtested | BLS Occupational Employment and Wage Statistics, May 2024 |
| O5 · Incumbent weakness | 10 | no producer | not backtested | none |
| O6 · Margin structure | 10 | partial | not backtested | US Census Economic Census 2022 |
| O7 · Ceiling | 10 | evidenced | DESCRIPTIVE ONLY · ρ +0.05 | US Census Business Dynamics Statistics — public domain |
Every licensed occupation in this industry
| Occupation | Share here | Concentration | Jurisdictions |
|---|---|---|---|
| Sales Representatives, Wholesale and Manufacturing, Except Technical and Scientific Products | 12.44% | 15.1× | 17 of 56 |
| Sales Representatives, Wholesale and Manufacturing, Technical and Scientific Products | 3.05% | 15.9× | 4 of 56 |
| Heavy and Tractor-Trailer Truck Drivers | 2.47% | 2.4× | 39 of 56 |
| General and Operations Managers | 4.75% | 1.9× | 23 of 56 |
| Light Truck Drivers | 2.74% | 4.3× | 9 of 56 |
| Laborers and Freight, Stock, and Material Movers, Hand | 6.72% | 3.4× | 2 of 56 |
What this report cannot tell you
| Gap |
|---|
| occupation mix for NAICS 423720 — the labour statistics carry no rows at this level, so everything about occupations here, including the defining occupation and its licence gate, is measured at NAICS 423000, a broader grouping. Establishment counts are for 423720 itself. |
| licence coverage — the register holds 54 of 56 US licensing jurisdictions, and 2,504 of its records carry no jurisdiction at all. A count of 17 is out of 54 searched, not out of 56. The unsearched jurisdictions are not evidence of no licence. |
| bonding_required_usd — no producer, and not estimated |