12 yr old B2B Pipe Restoration Business - Fun to run

Forney, TX (Kaufman County) (Relocatable)

Advanced Pipe Repair
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Asking Price: Get Financing: $2,300,000

Cash Flow: $613,467

Gross Revenue: $1,616,850

EBITDA: N/A

FF&E: $451,378

Inventory: $30,000

Established: 2007

12 yr old B2B Pipe Restoration Business - Fun to run

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Business Description

Great business. Great margins. Great customers.

Summary
Advanced Pipe Repair is a 12-year-old pipe restoration and repair company looking for someone who wants to grow a business to the next level or a current plumbing business ready to grow with new technology. The company has a strong customer base, a well-trained team, and a reputation as a leader in the field. Although based in the Dallas, TX area, the company has done major projects all across the United States and can be relocated anywhere.

About the company

Advanced Pipe Repair was started in the summer of 2006 when the current owner discovered a new technology being used in Europe changing the way pipes are restored. Using a technology called CIPP (Cured in Place Pipe) a sleeve is put inside a pipe and then through a process cured in place. This allows large diameter pipes to be repaired without the expensive and invasive process of digging.

Over the last 12 years Advanced Pipe Repair serves mid-size commercial businesses completing hundreds of jobs ranging from $10,000 to $300,000. They have built a well-trained, small team that understand the technology and are skilled in the process. They pride themselves in being able to think outside the box bringing solutions to their customers that result in superior results for less money.

About the products

CIPP – This has been the bread and butter for Advanced Pipe Repair. Cured-in-place pipe (CIPP) is a trenchless (or no-dig) pipeline rehabilitation process involving a textile liner tube and liquid resin combination.

Epoxy – This is another “no dig” solutions used for pipes with more turns and bends. It is a simpler method for smaller jobs.

Detailed Information

Inventory:
Included in asking price
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
$450,000 in equipment, vehicles and machinery.
Competition:
Competition Educating the customer Our biggest competition is educating the customer on our products. Because we offer a superior product for less costs than traditional methods, we have to compete against the notion that we are “too good to be true”. Local Plumbing companies Most local plumbing companies would rather charge the customer a significantly higher amount instead of using our services. Even though what we do is a superior product, a local plumber can make more money by digging up the pipe instead of using our technology to line it.
Support & Training:
With the sale of the company, the current owner will spend 120 hours of hands on training which will include all aspects of the business, followed by 20 hours over the next 6 months via phone as needed.
Reason for Selling:
The current owner enjoys the startup phase of companies. This is the 3rd com
Business Website:
http://www.advancedpiperepair.com
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Business Listed By:
Clayton Holland

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