• Landline:512-347-2000
  • Email:stafford@benchmarkcorporate.com

Electric Motor and Pump Sales and Service Company

  • Posted on
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Specifications
EBITDA$636,000
Revenue$1,892,000
Client CodeVEN399
EBITDA Range 500K-750K
Revenue Range 1M-5M
Sector Professional-Services-and-Consultancy
Region Southwest-US
Deal Structure Open
HeadquartersHouston, TX
Description

This company provides servicing, repair, replacement, and fabrication of rotating equipment to mid-stream, industrial, and municipal customers. This includes electric motors, pumps, generators, gear boxes, and more.

Key aspects
· Multi-facetted capabilities, offering heavy equipment repair services and fabrication services
· Operates out of a UL Certified facility
· Term contracts with municipalities and large companies
· One-stop-shop, including field services and installation
· Strong relationships with reputable suppliers
· 25-30 experienced employees
· 85% of sales are repeat business
· Can handle complicated project needs, but with the turn-around time and customer service of a smaller company

Opportunities
· Current location provides the space for project volumes to double
· Southeast Texas offers a large customer base
· Expand into the upstream service market
· Expand fabrication activities
· Expand machining services
· Expand package unit productions – keeping a stock of inventory on hand will result in more sales

Headquartered
Houston, Texas

Current markets
This company serves the mid-stream, industrial, and municipal markets. Most customers are in Southeast Texas, primarily Houston and the surrounding areas.The company does not currently export any goods.

Real estate
This company is located on a one acre lot with 25,000 square feet of structures on it. It rents the property from another company associated with the owner. This property is not included in the sale, but is available for a long-term lease.

Shareholder/owner objectives
The primary operator is looking to retire. They are willing to stay for a short period to ensure a smooth transition of management. The other owners are not active in the business and will exit upon the sale of the company.

Year end
06/30/2018
Internal
$’000
12/31/2017
Internal
$’000
12/31/2016
Internal
$’000
12/31/2015
Internal
$’000
Revenue 1,892 3,682 3,311 3,968
Gross Profit 1,119 1,523 1,227 1,640
Adj. EBITDA* 636 468 119 702
*

* Profit before interest, tax, depreciation and amortization (non-cash items)[/cs_table]