MIS1201

Collection of Companies that Provide Metal Recycling & Auto Repair, Tow, and Sale

Southwest US
 

The offering is a collection of eight separate, vertically aligned entities. The companies provide auto collision repair, scrap metal recycling and shredding, auto impound, auto sales and rental, and towing services to the Houston market. Although the companies serve different customer markets, they each offer products or services that compliment the other businesses.

Key Aspects:

  • Vertically aligned, each entity feeds another
  • High barriers to entry: Capital intensive, expertise, relationships developed over decades in industries
  • Great reputation and credit worthiness
  • Key relationships with auto insurers: Geico, Fred Loya, and Nationwide
  • Strong markets presence in collision, recycling, storage, & towing
  • Key management team in place

    Opportunities:

    • Increase sales and marketing
    • Build further relationships in the auto insurance market
    • Expand business plan into surrounding cities
    • Scalability, open additional locations
       
       
       
      Year:

      2013

      Tax Rtns

      '000

      2014

      Tax Rtns

      '000

      2015

      Tax Rtns

      '000

      2016

      Actual

      '000

      Turnover12,71011,92112,46013,882
      Gross Profit:4,8464,6625,7056,232
      Adj. EBITDA *9038297701,468
      * Earnings before interest, tax and depreciation (non-cash item)
       
      Bids Invited