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Businesses For Sale   >>   Professional Services Businesses For Sale

Metallurgic & Structural Steel Testing Company

Location  Alberta,Canada
Asking Price Range  $1.0M - $2.5M
Gross Revenues  $2213759
Net Profit / Cash Flow  $499065
Cash Flow Type  EBITDA
Seller Finance  Yes
Year Established  1982
Number of Employees  10 - 19
Relocatable  Yes
Number of Employees  10 - 19
Real Estate  Leased
Training  Available.
Reason for Sale  Owner is preparing for retirement and exit from the business.

This business has been in operation for over 30 years and has a strong and proud tradition in the oil and gas and construction industry. The company works in such locales as China, Europe, and the United States. They are a highly specialized company that does structural steel inspections, lifting equipment certifications, refractoring testing and failure analysis. This makes it one of the most diverse and comprehensive inspection companies in Canada and is recognized as a major competitor. They have expanded their operation moving more towards a data based management system, with on board computer reporting in their vehicles, a fully equipped metallurgical laboratory, and have acquired Non-Destructive Examination equipment. They have qualified Engineers, Engineering technologists and certified CGSB/ASNT inspection personnel on staff. It is rare to find a business that is as organized for success as this one is. Strong management is in place that has carefully laid out plans for the future prosperity of the company. The owner is willing to stay and assist the purchaser with the daily functions of the company. The seller is also open to an earn-out. The seller is willing to carry some financing for the buyer if desired. There are agreements in place with major clients as well as proof of yearly repeat contracts. A diverse offering of services, coupled with a strong strategic plan makes this company an excellent acquisition.

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