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Businesses For Sale   >>   Saskatchewan Businesses For Sale

Pipe Fabrication Servicing Oil Field Industry

Location  Saskatchewan,Canada
Asking Price Range  $2.5M - $5.0M
Gross Revenues  $3000000
Net Profit / Cash Flow  $650000
Cash Flow Type  EBITDA
Seller Finance  Not Disclosed
Year Established  1994
Number of Employees  10 - 19
Relocatable  No
Number of Employees  10 - 19
Real Estate  Owned
Training  Seller will complete a proper transition period.
Reason for Sale  Retirement.

- 35% revenue growth over 2010; 90% revenue growth over 2009, - A certified fabricator, welder, installer and repairer of high pressure piping systems, primarily for the oil field industry - Strong sales and earnings in the manufacturing of pressure piping systems since 1994, - Has an excellent reputation within the oil industry, with a solid customer base in Saskatchewan and Alberta, including major oil companies, - Strong normalized EBITDA close to $650,000, - Two owners taking over $450,000 in management fees, - Buyer financing is available through a large financial institution based on cash flow, property value or lease back of equipment, - Highly sought after technical expertise and certification provide a competitive edge, - Strong focus on quality and craftsmanship and an extremely efficient and well maintained manufacturing facility, - Proven safety record and competitive pricing, - Many opportunities to increase sales by diversifying into new segments of the oilfield service industry, - IT, administrative and accounting systems are well in place and functional, - Current owners are committed to assist new ownership for a smooth transition and will be a valuable asset to the acquirer during the transition phase. This is an excellent opportunity for a company in the same industry or in a related field to expand strategically and find economies of scale.

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