The Company had its genesis 30 years ago primarily providing fabrication and maintenance services to the oil and gas industry. Since that time, it has grown into manufacturing, maintaining and testing cargo tanks and cargo tank vehicles, including such things as kill trucks, hot oil units, liquid haulers and more recently hydro-vac units. It is a certified DOT repair, maintenance and testing facility and holds ASME Boiler and Pressure Codes U and H. As a result of an agreement with the hydro-vac division of a large international corporation it established a joint sales and service facility that has extended to other hydro-vac companies. This allows the Company to expand its industry affiliation into the utility sector, such as power, sewer, electrical, water, etc. It has also received its Texas Leasing Agent Certification and is now renting hydro-vac equipment on a long-term basis and expects this segment of its business to expand significantly in 2021.
High Pressure Equipment Fabricator
Equipment Fabrication & Maintenance
REF# 3142

$5,000,000
Other
Detailed Information
Years | 2021 Annualized | 2020 | 2019 |
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$10,857,349 | $9,063,146 | $10,236,269 |
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$3,715,262 | $419,256 | $1,059,450 |
Years | 2021 Annualized | 2020 | 2019 |
---|---|---|---|
Gross Revenues | $10,857,349 | $9,063,146 | $10,236,269 |
CASH FLOW EBITDA | $3,715,262 | $419,256 | $1,059,450 |
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Included | $254,185 |
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Included | $5,294,425 |
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Not Included | $1,500,000 |
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25,000 Sq. Ft. | |
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1991 |
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$254,185 (Included) |
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$5,294,425 (Included) |
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$1,500,000 (Not Included) |
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25,000 Sq. Ft. |
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1991 |
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Real estate includes 2.5 acres and three buildings totaling approximately 25,000 SF (+/-). Largest of the properties is approximately 19,350 SF (+/-) with the remaining two properties about equal size. Cost of the real estate is NOT included in the purchase price. These three buildings contain manufacturing, maintenance, painting and testing operations. |
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Seller is committed to a smooth transition of ownership, and will remain with the business as long as requested, within reason. Current staff is competent to continue operations with little or no disruption. |
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Owner retirement |
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Real estate is not included in price. Three buildings totaling 25,000 (+/-) SF |
Business Description
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