Designer & Manufacturer of Water Conservation Systems

Mid West

Designer & Manufacturer of Water Conservation Systems
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Asking Price: Get Financing: N/A

Cash Flow: N/A

Gross Revenue: $2,100,000

EBITDA: $483,000

FF&E: N/A

Inventory: N/A

Established: N/A

Designer & Manufacturer of Water Conservation Systems

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Business Description

The Company designs and builds integrated water conservation systems for commercial and institutional buildings that process on-site water sources such as rainwater, greywater and condensate for non-potable uses including toilet flushing, irrigation, and cooling tower make-up. A typical system can save 1 to 3 million gallons of municipal water annually and supports efforts for a more sustainable drinking water supply. The Company focuses on the design and fabrication of the system and works with the local construction contractor on the installation.

In 2017, the Company completed various water system projects, and water systems represent the vast majority of the Company’s annual sales; The Company’s revenue mix comprised Water System Sales (98.8% of 2017 sales), System Field Service (0.7%), and Consulting & Commissions (0.5%).

Detailed Information

Competition:
The Company serves commercial, industrial, residential, municipal and government customers in over 30 states across the US.
Growth & Expansion:
The Company’s operations works as a project business with a sales cycle of two to four years from first engagement on a project until the point of delivering a system and generating revenues. The Company currently has 180 active projects in its pipeline; 150 of those are pre-contract and expected to deliver sales in the next one to three years at an average sales value of $115,000 per system. Management is willing to remain with new ownership to ensure to smooth transition.
Financing:
Negotiable
Support & Training:
As needed
Reason for Selling:
Retirement
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Doug Smith

Business Listed By:
Doug Smith

Generational Equity, LLC

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Sponsoring Broker:
Lisa Lippe

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