ACQUISITION OPPORTUNITIES
Leading Electrical Contractor - Client #47236
The business has been serving Southeastern, PA and the surrounding region for over 20 years. They have an outstanding reputation and serve an affluent clientele. They provide a full range of electrical services to residential and “light” commercial clients. Their primary marketplace and most of their revenue comes from “high end residential”. They have maintained consistent sales and profits for the past several years despite doing no advertising or mailing with work coming primarily from word-of-mouth referrals.
The owners are approaching retirement and are seeking a situation that will both assure the ongoing success of the company and allow them to have a defined retirement plan in place. They will consider all options that effectively address the above two points. The owners have left sufficient time in their planning horizon to both find the right situation and to assure they can play an appropriate role in the same.
Their existing client base and reputation make this an ideal opportunity for a growth oriented individual, or a company in a related field, to leverage their existing electrical clientele for the sale of additional electrical and non-electrical services.
Their 2007 through 2009 financial results are shown below. 2010 is off to a good start and the owners expect the 2010 EBITDA to be $500K+.
$K |
2007 |
2008 |
2009 |
Sales |
$1,364 |
$1,439 |
$1,091 |
EBITDA (adjusted) |
$332 |
$670 |
$477 |
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Training, HR Development, & Management Consulting - Client #47232
This opportunity is for the acquisition of a highly profitable, full service consulting firm. The company offers their industrial, process based clients services including employee development, performance application, training, continuous improvement, organizational effectiveness, etc. While there are many grwoth opportunites to pursue, ownership would prefer to partner with a financial group or continue on with a strategic acquirer to continue their growth pattern.
$K |
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Sales |
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EBITDA(adjusted) |
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SALE PENDING
Design, Produce, and Deliver Solutions - Client #47227
This company provides solutions to affluent homeowners. The current owners have grown the company over their tenure and believe a new owner can continue to do the same. This particular company (due to a combination of demographics and productivity) is particularly well placed to grow in relation to other similar companies. Expansion could come from geographical reach, sales staff, showroom, product line expansion, etc. Operating out of 9,000 ft of leased office and production space, the company serves the Greater Philadelphia region. The sale is being considered to enable the retirement of the owners. They will sign non-compete and non-solicitation agreements in connection with the proposed transaction, as well as mutually agreeable consulting agreements that will provide transition support for the acquirer. The Company is offered for sale at $1,200,000 with financing available to a qualified buyer with $300,000 down.
$K |
2006 |
2007 |
2008 |
Sales |
$2,736 |
$2,777 |
$2,211 |
EBITDA (adjusted) |
$565 |
$595 |
$315 |
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Commercial Landscaping & Center - Client #47235
This opportunity is actually two companies in one. These two companies are very closely related and support one another. They operate in tandem and are being sold together. The first company is the top landscape designer / consultant in their region. 85% of their work is commercial, and their client list includes some very significant commercial construction companies. The second part of this opportunity is a nursery specializing in plants, trees, shrubs, and many other types of perennials, grasses, flowers and fruit trees. 85% of their sales are retail. The diversity of their income streams, their reputation, their buying power, and their location offer a unique opportunity to a new owner.
The nursery and the associated buildings are leased. There are several years remaining on the lease, including options. The current owner has a good relationship with the landlord and believes the landlord would be open to a lease extension, if the new owner wanted one.
The current owner is retiring after 30+ years in the business and has left plenty of time in his planning horizon to both find the right buyer and to remain involved during an extended transition process. He is involved in the operation, but has management in key positions. He is able to step away from the business during most times of the year and has balanced the size of the business with his lifestyle.
There are readily available growth opportunities that the current, retiring owner has not pursued. Little additional capital would be needed to pursue the most readily available growth opportunity.
2009 was a record year for one side of the business and a very strong year for the other. This business continues to prosper year after year despite doing little or no advertising. Their financial results for the past three years are:
$K |
2007 |
2008 |
2009 |
Sales |
$1,946 |
$1,929 |
$1,816 |
EBITDA (adjusted) |
$618 |
$590 |
$539 |
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COMING SOON
Petroleum Distributor & HVAC - Client #47237
Specialty Recycling Center
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RECENTLY COMPLETED TRANSACTIONS
Profitable Retailer - Resort Town
SOLD
Limo Company & Car Service Company
SOLD
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TRANSACTIONS PENDING
Specialty Commercial Contractor
Franchise Resales (3-Units)
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ACQUISITION SEARCHES
Site Remediation & Tank Services
Tri-State area environmental company providing services in tank inspection, removals, and related issues is seeking to grow through the acquisition of a related or complimentary company. Interest is focused upon environmental consultants, site engineering, well drillng/excavation, etc. Target firms should have revenue between $1M and $10M and be located in the greater Philadelphia region.
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FOR MORE INFORMATION PLEASE CONTACT
610.408.0554 info@vrbrandywine.com