This business is a leader in the wastewater infrastructure protection and restoration industry. The company applies sprayable epoxies to concrete surfaces that provide excellent chemical resistance, adhesion, and long-lasting protection. The projects are awarded by municipal, state, and federal agencies to contractors who bid the trade-specific work to subcontractors such as this company. While cost is always an important criterion, in this market, it is not the predominant factor.
The company’s track record of winning business is driven by an excellent reputation for the quality of work, cost-effectiveness, a tenured workforce, and a strategic relationship with materials manufacturers. By design, the size of the company has been maintained at a level the owners can manage while maintaining healthy cash flow. All business is gained from word of mouth, current customer relationships, and the general bidding process. A buyer who is prepared to invest in growing this company has several areas to pursue: 1. bidding more, larger work in the Houston market 2. Increasing the geographic footprint within Texas or adjoining states. 3. Entering other vertical market segments that require the same skills and disciplines of applying coating.
EBITDA: $1,104,484 Proforma
