Erosion and Sedimentation Control Specialist
| Asking Price: | $1,800,000 | Inventory: | |
| Gross Revenue: | $2,500,000 | Real Estate: | $790,000 ** |
| Cash Flow: | $600,000 | FF&E: | $370,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
The Company has been servicing the vast Central and South Texas market for 15 years providing solutions for erosion and sedimentation control. The Company maintains a diverse customer base of primarily commercial real estate developers and major general contractors, and has earned an excellent reputation for high quality work both on time and on budget, and in accordance with environmental regulations. In addition to solutions for construction related activities, the Company is the leader in the installation and servicing of water quality ponds. Given Austin’s location over the very large Edwards Aquifer and the city’s strict environmental policies this piece of the business provides a stable, very long term revenue stream. Currently the Company has $3million in contracts and is forecasting earnings in 2009 to exceed 2008.
The Company employs high quality, long term management and skilled employees; equipment is current and in excellent condition. The Company operates out of 1,500 square foot building on 1 acre that is available for sale at an additional price, with easy access to all major highways. The seller is willing to stay in an ongoing sales capacity and may be open to financing the transaction.
About the Business
Year Established:1994
Employees:33 full time - 1 part time
Facilities:The 1 acre parcel and 1,500 SF building are also available for sale. Priced at $790,000.
Market Outlook and Competition:The market for erosion control services is very strong as it is often driven by construction demand and Central Texas continues to be among the top growing areas in the nation. Further, as environmental regulations tighten there is an increased need for solutions that promote water quality and prevent soil loss. There are a few, but only a few, competitors in the same market.
here are opportunities to both lower costs and increase the secondary revenue stream that will greatly improve the bottom line. The current owner restricts the geographic market area and is routinely turning down opportunities further south because of the added travel costs, thereby creating the opportunity for a second location to service that growing area.
About the Sale
Management Training and Support:Seller is willing to stay in a sales capacity.
Reason For Selling:The Company has experienced tremendous growth in its 15 years but has reached the current owner's capacity.
Seller Financing:Seller financing is negotiable.
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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