EXECUTIVE SUMMARY
This established elevator services company presents a compelling acquisition opportunity in Houston's resilient vertical transportation market. Founded in 2003, the business has built a strong reputation serving commercial, industrial, and institutional clients with comprehensive elevator maintenance, modernization, repair, and installation services.
FINANCIAL PERFORMANCE
• Annual Revenue: $5.2 million
• EBITDA: $1.4 million (26.9% margin)
• Consistent year-over-year growth from 2021-2024
• Strong cash flow generation with recurring revenue base
• Clean financial records demonstrating operational discipline
BUSINESS STRENGTHS
• Diversified client base across multiple sectors with no single customer dependency
• Balanced revenue mix of high-margin service work and long-term maintenance contracts
• Team of 23 skilled employees across two Texas markets
• Well-maintained fleet of service vehicles and equipment (FF&E: $600,000)
• Established operational systems for scheduling, parts management, and customer service
• Strong industry reputation driving referral and repeat business
MARKET POSITION
• Operating in essential services sector with stable demand
• Limited competition due to licensing requirements and specialized expertise
• High barriers to entry protect market position
• Resilient business model independent of economic cycles
GROWTH OPPORTUNITIES
• Geographic expansion potential
• Service contract growth initiatives
• Additional modernization and inspection offerings
• Sales automation and operational efficiency improvements
• Strategic partnerships with developers and facility managers
OPERATIONS
• 3,200 sq ft leased facility at $10,500/month (lease expires 12/31/2026)
• Inventory valued at $200,000 (included in asking price)
• Experienced management team and technicians expected to remain
• Comprehensive transition support including training, client introductions, and licensing assistance
This turnkey operation offers immediate cash flow with significant upside potential, making it ideal for strategic buyers seeking entry into the vertical transportation sector or existing operators looking to expand their service footprint in the Houston market.
Ad#:2439153