Business for Sale Overview:
The March Group currently represents a Company that specializes in providing high quality, trained and experienced inspectors/technicians for pipeline and right-of-way integrity work as well as new construction and various pipeline projects. The Company delivers an extensive range of services that aid the pipeline industries by improving public awareness, damage prevention, and increasing productivity for the life of a facility. Sales have increased steadily over the past three years, from $671,391 in FYE 2006 to $1,166,604 in FYE 2008, a CAGR of 20 percent. Boasts an EBITDA as a percent of sales of more than 21.9 percent for FYE 2008. Current majority of revenue generated from projects located in the Mid-south and Midwest. Service contract with one of the premier pipeline companies in the United States that has a five-year duration. Personnel ranges from a one-call inspector to project managers overseeing pipeline and right-of-way encroachments. Provides high quality, trained and experienced inspectors/technicians for pipeline and right-of-way integrity work. All inspection personnel hold a certification for Operator Qualifications from the National Center for Construction Education and Research (NCCER). Has developed its own field inspection procedures, training, and documentation forms to assist inspectors and clients during a pipeline project. The Company can be relocated with ease, as it is not dependent on a specific geographic market.
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Property Features and Assets:
Can easily relocate as Company is not dependent on one geographic zone.
Market Competition and Expansion:
Very little direct competition, Company has a transferable master service agreement in place with the largest U.S. pipeline Company that is in place for at least three more years with five-year extensions negotiable. DOT regulations are expected to drive growth for the Company as the DOT is pushing greater tracking of right-of-way and encroachments for pipelines and is advising that companies will have to manage this in the next few years. Geographic expansion is another compelling and easily accessible area for growth.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
Contact the Seller:
To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.