MED039

Sports Field Construction Company for the Texas Market

Southwest US
 

Houston-based company that provides turn-key athletic field construction and renovation services in the Texas market. It has built, restored, and maintained all types of outdoor sports facilities such as football fields, baseball fields, softball fields, soccer fields, lacrosse fields, running tracks, field events, and tennis courts. Additionally, the company also resells athletic field materials and supplies.

Key Aspects:

  • S-Corporation
  • In business for nearly two decades
  • Strong relationships with general contractors
  • Great reputation and branding
  • Among top contractors for athletic construction projects in Texas
  • Maintains approximately 75% repeat business

    Opportunities:

    • Expand into other markets such as Texas, Oklahoma, Louisiana, etc.
    • Establish sales and marketing team
    • Move into the construction of indoor athletic facilities
    • Align w/major supply companies as distributor and grow website sales
    • Create own artificial turf and synthetic track surface product lines
    • Bring irrigation in-house and expand into landscaping
    • Move into design-build projects by aligning with engineering firm
    • Bid on larger projects outside of sports fields
       
       
       
      Year:

      2015

      Internal

      '000

      2016

      Internal

      '000

      2017

      Internal

      '000

      2018

      Internal

      '000

      Turnover5,5428,5856,98512,932
      Gross Profit:1,1352,8351,5083,338
      Adj. EBITDA *5702,1696502,262
      * Earnings before interest, tax and depreciation (non-cash item)
       
      Bids Invited