Business For Sale Listing 115990
Engineering, Inspections, Land Surveying
Status as of Jan-5-2009 at 06:06 PM: Off The Market
Business Summary
This Company's sales have grown to almost $5 million from $2 million during the past three years and increased by 46% in 2006.
Sales have grown during 10 of the last 11 years and have exceeded 20% growth in nine of those years. Adjusted EBITDA totaled $770,000 in 2006. EBITDA margins grew by more than 50% between 2003 and 2006.
The Company is the largest one in Central Texas that provides "one-stop shopping" for a full range of engineering, land surveying, design, and inspection services. Its engineering services include structural, civil, mechanical, electrical, and plumbing. The Company also provides surveying, code compliance reviews, accessibility inspections and plan reviews, and industrialized housing services. Customers include architects, builders, cities, and individuals.
Company Highlights:
• Turns around projects faster than most of its competitors do.
• Has diversified its business almost equally between residential and non-residential construction. No customer makes up more than 9% of the Company's sales.
• Has invested heavily and created large technological advantages that most competitors have not successfully dealt with.
• Has positioned itself for expansion in terms of both geography and the services it provides.
• Has non-shareholder engineers hold licenses for and manage all departments.
Population in its core metropolitan area will grow about 2.5 times faster than the national average through 2020. This will drive commercial and residential construction. In the short run, the economic outlook for the Company's core geographic area is stronger than for the national economy.
The sellers will show the buyer the strategies that have led to the Company's consistently strong growth.
Categories
| Industry: |
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Industry
Location
Financials
| Sales: |
Between $2.5 Million And $5 Million ($4,761,935) |
| Profits: |
Between $500 Thousand and $1 Million ($770,802) |
| Profit Type: |
Earnings Before Interest, Taxes & Depreciation (EBITDA) |
| Fiscal Year: |
2006 |
| Asking Price: |
Not Disclosed |
