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Gulf Coast Specialty Welding And Cladding Provider For Sale

Louisiana, US
Asking Price:
On request
Sales Revenue:
$3,962,000 (USD)
Cash Flow:
$742,000 (USD)

The company provides specialty welding and cladding services primarily for clients operating in the oil and gas industry. The company currently has over 70 welding procedures, many with multiple Procedure Qualification Records (PQR).

Key Aspects
· Large market-share captured in niche industry with high barriers to entry
· Excellent reputation for high quality and efficient workmanship
· Experienced, skilled and highly-motivated management and staff
· Owns eight specialty welding machines
· Effective management of materials and labor

Opportunities
· Expand operations within the Permian Basin by opening a new location in Western Texas or New Mexico
· Increase current facility's capacity to include pipe bending
· Diversify client base with expansion to other markets

Headquartered
· Gulf Coast Region

Current Markets
· The company primarily serves clients operating in the oil and gas industry across the Gulf Coast and in the Permian Basin

Real Estate
· The company operates from an 11,000 square-foot facility leased from an affiliated entity. The building is in good condition and has room for expansion.

Shareholder Objectives
· The company has three shareholders, two of which are nearing retirement age and looking for a full exit from the company. The third shareholder is looking to stay with the company long-term. All three are open to various deal structures.

Contact Benchmark International

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