Products & Services Company For The Process Industry For Sale

Business description

This Company sells products, services, and systems for safety applications in process industries, including chemical, refining, and production. They have completed more than 600 safety related projects to include applications such as emergency shutdown, burner management systems, fire and gas detection and mitigation systems, and high integrity pressure protection systems. In addition, the Company provides training and other safety related services. Their average project generates $100,000 in revenue; however projects can range from a low of $25,000 up to a high of $2 million. Management estimates 33% of the Company's revenue is derived from negotiated contracts, with the remaining 67% secured through competitive bidding on fixed-price projects. The Company's major customers represent various blue-chip chemical, refinery, and production process companies in and around their core geographic marketplace. The Company boasts a 75% bid success rate. This compamy is offered as an asset sale.

Business Operation

Expansion potential:

Management estimates combined incremental sales growth over $35 million annually from pursuing business in the process safety shutdown valves market, the fire and gas detection systems market, and process safety related services and operations & maintenance training.

Competition / Market:

Economically, this company represents a sound investment opportunity as a stand alone purchase, however, buyers that can bring substantial expertise or existing operations in the safety application and product business with sales force and marketing channels in place will be able to add substantial value to this attractive Company.

Reasons for selling:

Retirement

Employees:

5

Years established:

1995

Other information

Support & training:

Owner will stay for a reasonable transition time

Financing available:

Seller financing contingent on the quality of the offer