Exclusive Vendor of Municipal Water Treatment Equipment
For Sale in TX
Financial & Assets Details
About the Business
Business Description
The company is a manufacturer´s representative firm for the municipal water and water treatment industry. Products sold include instrumentation equipment for flow, level, and pressure as well as chemical feed equipment and analytical instrumentation. The company focuses its work with design engineers and end users to offer a complete solution. Sales are backed with installation and start-up services provided by the company's service team.
Key aspects
· Long-standing company with over 50 years of relationships
· Has secured large contracts with municipal governments
· Revenue is well diversified across numerous customers
· Management estimates the company has a 10-20% market share
· Knowledgeable staff with a sale oriented mindset
· Strong, exclusive relations with suppliers; constantly approached by manufacturers to represent their products
· Provides field services to clients
Growth & Expansion
Opportunities
· Less than 5% of sales are in the industrial marketplace
· Securing large municipal contracts
· Expansion into new geographic markets
· Compared to the last five years, the water supply industry is forecasted to double its growth rate
Market Competition:
Current markets
· The majority of the company's sales serve municipal water markets in Texas and Oklahoma.
Shareholder/owner objectives
· The owner is looking for a full sale to facilitate their retirement.
Location Details:
Headquartered
· Texas
Real estate
· 2,750 square feet of office and warehouse space are leased from a related company. Rent amounts going forward are fully negotiable. The owner is willing to sell the property as part of the deal.