Regional Welding Company

Established in 2005, this welding company provides welding, plant maintenance and mechanical shut down services for cement and aggregate plants in Texas and across the counrty. The 90+ welders and assistants are assigned to tasks building and maintaining facilities for companies ranging from multi-national corporations to local businesses. These workers are 1099 sub contractors. Sales have tripled over the last four years and are projected to grow over the next several years. This business has an office in San Marcos and a shop in New Braunfels but is portable. The welders report to their assignments daily. Some are "residents" at their assignment and stay at the assigned facility for months or years fulfilling the Welding Company's contract. A partial list of the business activities include: Erecting metal and structural steel on buildings and structures Prestressed or precast concrete to produce structural elements Erecting metal building exteriors Erecting cooling towers Erecting Metal storage tanks for non-liquids (e.g., grain silos) Welding work on construction projects As a facilities management and maintenance company, the Welding Company also does lawn maintenance and other non-welding maintenance duties at several of the sites. Location: San Marcos, Texas Year Established: 2005 Number of Employees: 4 Relocatable: Yes Real Estate: Leased Building Sq. Ft.: 4,300 Rent: $3,816.00 Per Month Facilities: The assets include several vehicles, welding equipment, lawn maintenance equipment and office furniture. Market Outlook/ Competition: Per the Business Appraisal there are five companies in Texas that are viewed as competitors. This business has been run by a husband and wife team and the seller believes that with the right support staff in place that there is plenty of additional business available. Growth & Expansion: As domestic construction activity returns to normal growth over the 5 years to 2026, revenue for the Steel Framing industry is expected to resume its upward trajectory, albeit at a diminished rate which is likely a consequence of rising steel prices limiting demand from downstream customers. Industry profit is forecast to rise over the next five years concurrent with renewed demand for industry services following its stark fall in 2021. In reaction to growing demand, industry players are projected to expand workforces to satisfy growing demand.