$5,200,000.00
Asking Price
Address: Houston, 77280.
Status: Active
Posting ID: 285430
3/1/24
Description
This Company provides operations and maintenance services tailored for the wind energy sector, offering both expertise and cost-effective solutions. The Company was formed in 2019 and has been profitable every year since then. The Company is focused on Texas operations but can and has operated in every state with major wind operations. The Company has also provided services to all the major manufacturers of wind turbines and has several MSAs in place.
The Company has a great name in this fast-growing industry (98% growth since 2020). Partnership with AMSOIL for specialized oil exchanges provides another competitive advantage. Due to required maintenance programs and turbine warranty requirements, the business will always have demand from installed turbine operators.
The Company boasts significant resources, including advanced equipment and expert staff, enabling swift responses to emergencies, access to crane services, and substantial project management capabilities. The majority owner has decided to retire, and so he is looking for the right buyer to take what he has built and to bring it to the next level. Confidentiality is a concern for the Seller as he seeks just the right buyer, therefore, the location information provided in the ad is that of the Broker, and not of the Business. Business location and name will be shared once a qualified Buyer prospect is vetted.
NDA required to receive comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
Detailed Information
Facilities: Lay-down yard and operational office inside Texas Wind Corridor. Headquartered in the greater Houston area.
Competition: There are several companies in this space, but the O&M industry is still very diversified with many smaller, regional operators. Few competitors have the national reach, MSAs and partnerships of the Company.
Growth & Expansion: The Company has also provided maintenance jobs in the solar industry. A Company that is already in this space has an excellent opportunity to combine capabilities and streamline operations to grow both top-line and bottom-line earnings.
Financing: TBD if structure and terms are acceptable.
Support & Training: As needed – specific terms for transition support can be negotiated. The Seller wishes to facilitate a successful and smooth transfer of the Business. Other than the majority owner, key employees will remain.
Reason for Selling: Retirement
To get more information about this Wind Operations Maintenance Company - Since 2019 business for sale in Houston please phone Rick Carlson (Agent - BRE License #:01820673) at 833-776-6682 and -- - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #285430 on BizBen.com. In addition to phoning Rick Carlson, make sure you email Rick Carlson above to get more info about this Wind Operations Maintenance Company - Since 2019, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01820673. ProNova Partners.
Contact
Details
Asking Price: $5,200,000.00
Down: Call/Email
Cash Flow: $1,070,000.00
Revenue: $10,900,000.00
Area: Houston
City: Houston
Attributes:
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