Well-established Fiberglass Manufacturer with Huge Growth Potential!

Palo Pinto County, TX

Cash Flow:	$2,800,000
Inventory:	$1,550,000
FF&E:	$12,000,000

Gross Revenue:	$10,000,000
EBITDA:	$2,800,000
Established Year:	1959

Listing ID: 2304477Listing provided by BizBuySell

BUSINESS DESCRIPTION

Great Margins and Profitability!

This Company is a renowned leader in the fiberglass manufacturing industry, recognized for its innovation and quality craftsmanship.It specializes in providing critical infrastructure solutions for a wide range of applications tailored to meet specific project needs. With a legacy spanning decades and a commitment to engineering excellence, the business is positioned as a trusted partner in addressing the complex challenges of modern infrastructure development.

The Company operates with well-established systems, including procedures, policies, and manuals. The business is ISO 9000 certified, ensuring consistent Quality. The businesss uses its patented Expand-in-Place Integration (EIPI) technology,developed by its sister company, for rehabilitation projects.The production process includes bidding, manufacturing, delivery, and installation. The establishment typically requires a 50% down payment for orders, with the remaining balance due upon shipment. Some projects also require performance and payment bonds. Additionally, the business holds all necessary licenses and permits, which can be easily transferred to a new owner.

The business has significant growth potential. The business plans to expand its facilities, increasing its production capacity. Additionally, it's sister company's patented technology opens up new opportunities in infrastructure rehabilitation, an underdeveloped market. Expanding the Company's geographic reach and increasing market penetration will drive revenue growth. The business’s strong relationships with municipalities and general contractors provide a solid foundation for future expansion.

DETAILED INFORMATION

Location

Palo Pinto County, TX

Inventory

Included in asking price

Real Estate

Leased

Building SF

25,000

Employees

Furnitures, Fixture & Equipment(FF&E)

Included in Asking Price

Facilities

The current premises are well-suited for the business’s operations, covering approximately 15 acres with about 25,000 sq ft under roof. However, as it grows, it anticipates needing more space to reduce transportation costs. The current facility is built under an Economic Development 380 Agreement with the city. This agreement provides a 10-year tax waiver and financing at 3.5% from the city.

Competition

Established Market Presence Exclusive Patented Technology Prime Client Base High-Value Assets Includerd with Sale Strategic Infrastructure and Location Strong Barrier to Entry ISO 9000 Certification Significant Market Opportunities

Growth & Expansion

The Business has significant growth potential. The business plans to expand its facilities,increasing its production capacity. Additionally, its sister company's technology opens up new opportunities in infrastructure rehabilitation, an underdeveloped market. Expanding the Company's geographic reach and increasing market penetration will drive revenue growth. The business’s strong relationships with municipalities and general contractors provide a solid foundation for future expansion.

Support & Training

The owner is committed to a smooth transition, offering as much training as needed, including a standard 30-day period post-settlement. He is open to providing additional support via phone or email and may stay in a consulting role if beneficial to the buyer, with remuneration negotiable.

Reason for Selling

Divesture

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