Business for Sale Overview:
Steel Building Erector - TX Gulf Coast. Well established contract erection company. EBITDA (after replacement salary for owner) of $650,000 in 2007, 10% of revenues; $580,000 and $567,000 for 2006 and 2005 respectively. Revenues of $6.6 million comprised of 78% new construction and 22% of remodel and repair of existing structures. Owner will consider management contract up to one year. Ideal acquisition candidate for company serving similar markets and wishing to expand into TX Gulf Coast.
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Property Features and Assets:
Company is ideally located near its core market and easily accessible to Houston's freeway system. Land and buildings not included in offering) can be leased or purchased at Purchaser's option.
Market Competition and Expansion:
Dominant player among 22 competitor. Serves 100 mile radius of Houston, TX - 4th largest city in US. Stellar reputation and customer list.
Revenues and EBITDA (after replacement salaries for owner) have steadily increased over last three years. 2008 exceeds prior year at this point. Ideal core candidate to acquire smaller competitors.
Reason for Selling:
Relocate. However, will remain with business up to
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.