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

Houston Drywall Installation Company w/ Six Branches

  • Posted on
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Specifications
EBITDA$929,000
Revenue$4,668,000
Client CodeBUI1801
EBITDA Range 750K-1M
Revenue Range 1M-5M
Sector Building-and-Construction
Region Southwest-US,Southwest-US
Deal Structure Open
HeadquartersHouston, TX
Description

Texas-based company with six locations in four cities that provides residential and commercial drywall installation services. The business is also a wholesale supplier of drywall to contractors.

Key aspects
· Well established firm, positioned to expand with the right acquirer
· Scalable business operations poised for growth
· Branches serving residential and commercial customers
· Emerging drywall & accessories supply division
· Ability to complete drywall jobs of various sizes and needs
· Well-known industry reputation for consistent quality work
· Over 100 combined years of drywall experience among employees
· Provides repair service work after installations to ensure complete customer satisfaction.

Opportunities
· Increase advertising efforts to spread brand awareness
· Residential operations could easily be expanded with little effort other than hiring additional sales representatives.
· Increase focus on supply business and further diversify product mix
· Continue to expand commercial division by hiring dedicated manager
· Open more residential branches especially in Austin/San Antonio, New Orleans, Oklahoma City, and Fort Worth markets
· Increase focus on Denver and Atlanta residential operations to exponentially expand market share

Headquartered
Houston, Texas

Current markets
Residential and commercial general contractors and home builders throughout the United States. The business primarily focuses on residential projects in Atlanta, Dallas, and Houston. Commercial projects are handled out of the Houston office.

Real estate
The Company’s headquarters is leased from a related party and the Dallas, Denver, and Atlanta offices are leased from an unrelated third party. All leases for these facilities can be renegotiated under new ownership.

Shareholder/owner objectives
The majority owner is approaching retirement age and seeks an acquirer that will grow the company to the next level. He is willing to remain with the company for one to two years to ensure a smooth transition.

Year end
05/31/2018
Combined
$’000
12/31/2017
Combined
$’000
12/31/2016
Combined
$’000
12/31/2015
Combined
$’000
Revenue 4,668 9,845 10,069 8,441
Gross Profit 1,830 3,003 3,022 2,248
Adj. EBITDA* 929 223 445 27

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