Link Business
*** SOLD ***

Leading North Texas Commercial Retaining Wall Contractor

Listing: #FW00020

Geoff Warrell

Broker | Fort Worth

Geoff Warrell

geoff.warrell@Linkbusiness.com

(682) 302-4556

(610) 716-1426

This listing is no longer taking inquiries as it is SOLD

About this Business for sale in North Texas

Leading North Texas Commercial Retaining Wall Contractor

Business Description

This Company, based in North Texas, specializes in constructing retaining walls whose quality and aesthetic is differentiated by the use of natural stone and traditionally inspired craftsmanship. The Company was founded over ten years ago and has quickly grown to become one of the most prominent local operations in its sector. This tremendous growth is due in part  to the company’s unique product and consistently high quality. The team behind the company’s success has over 50 years of in-house retaining wall building experience and employs a 3rd party engineering firm to ensure effectiveness and quality in all its projects. The company also has numerous experienced work teams, supporting a high operational capacity and diligent project completion.

The Company’s revenues are derived from a diverse pool of exclusive contracts with no single client accounting for more than 18% of the company’s annual revenues. Their revenue streams include home builders, commercial developers, and general contractors. In addition, over its time spent in the retaining wall space, the company has developed deep rooted relationships and trust with these contractors. Their valuable reputation has secured opportunities for continued growth and profitability.

The Company currently operates within an area of Texas experiencing extensive and sustained population growth, promoting future community development and, with it, sustained future project contracting. With projected revenues of over $17.0 million for 2022, the Company will have grown its sales by over $8.8 million since 2019, representing growth of 104% over the four-year period. Though struggling with supply chain and staffing issues through COVID and early 2021, the Company maintained a positive adjusted EBITDA margin of 4.95% during this period and expects margins will have grown to nearly pre-pandemic levels at 8.5% for 2022. Currently, the Company expects to sustain its growth trajectory and is projecting sales of $20.0 million with adjusted earnings of $1.9 million for 2024.

Fort Worth
geoff.warrell@Linkbusiness.com
(682) 302-4556
(610) 716-1426

Geoff Warrell

Inquire Now
This listing is no longer take inquiries as it is SOLD

*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.