Oilfield Hauling Compay
Location Alberta,Canada
Asking Price Range $2.5M - $5.0M
Gross Revenues $5480000
Net Profit / Cash Flow $939965
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 1976
Number of Employees 20 - 34
Relocatable No
Number of Employees 20 - 34
Real Estate Owned
Training Yes.
Reason for Sale Retirement.
Description This family owned Oilfield Hauling business has been in operation for 30 years. This very profitable company has been built through outstanding service and special attention to safety procedures. Clients can choose from a wide range of vehicles to suit their needs. A major competitive advantage for this Company is that it has many appropriate safety approvals, many that are usually held only by larger companies. This allows the Company to haul just about anything including explosives and radioactive materials, both essential for full service to clients in oilfield business. Alberta has had a strong and vibrant economy for several years, and is expected to remain strong into the future. The economy is expected to remain solid with strong energy prices fuelling the development of the oil sands in Northern Alberta. With the high commodity prices, investment in the energy industry is expected to continue and growth for the oil and gas services industry will remain high. Output growth for firms providing oil and gas services accelerated sharply during the past ten years, running at an average annual rate of 10% in the past 5 years. This Company services Alberta, British Columbia and Saskatchewan. Land and building are also for sale at an additional sum of $475,000.00. Property consists of a 0.82 acre land parcel. The building is a 2400 sq ft single story structure. The Seller will assist the Buyer will all aspects of transition, providing appropriate training and education to coordinate a seamless transfer of the business. ASKING PRICE of $3,650,000 includes net receivables of approximately $800,000.00. Email or call Fernando Borges at 780-495-1256 for more information on this Oilfield Hauling business for sale.
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