RET1126

Industrial Supplier of Fluid Sealing & Bolted Joint Assembly Products

Southwest US
 

Texas-based company with four locations that supplies fluid sealing products for industrial customers. Products include manufactured gaskets, pump & valve packings, mechanical seals, hydraulics, o-rings, lubrication equipment, metal & concrete repair equipment, industrial bolting, and corrosion prevention supplies. The company also sells, rents, calibrates, and repairs torque equipment for bolted joint assemblies.

Key Aspects:

  • In business for over 35 years
  • Four locations in west Texas
  • Carries full line of fluid sealing products
  • Sell engineered products rather than commodities
  • Very loyal customer base of over 400 accounts
  • Great relationships with vendors that supply reliable products
  • Motivated management team
  • Strong Total Quality Management program that limits amount of customer returns
  • Industry-known name for reliable products and customer service

    Opportunities:

    • Increase sales and marketing
    • Acquire competitors in the same territory
    • Further expand torque equipment business
    • Open Oklahoma location
    • Further promote vendor managed inventory program
    • Expand rental business
    • Enhance website to increase traffic and online sales
       
       
       
      Year:

      2014

      Tax Rtns

      '000

      2015

      Tax Rtns

      '000

      2016

      Tax Rtns

      '000

      2017

      '000

      Turnover7,7697,2686,9004,533
      Gross Profit:2,9532,8402,5551,926
      Adj. EBITDA *80840921202
      * Earnings before interest, tax and depreciation (non-cash item)
       
      Bids Invited