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Businesses For Sale   >>   Saskatchewan Businesses For Sale

Oilfield Services Company

Location  Saskatchewan,Canada
Asking Price Range  $1.0M - $2.5M
Gross Revenues  $1742863
Net Profit / Cash Flow  $419623
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1964
Number of Employees  6 - 9
Inventory  233134
Relocatable  Yes
Number of Employees  6 - 9
Real Estate  Owned
Training  Negotiable.
Reason for Sale  Owners wishes to pursue other avenues.

Description  
This highly desirable and well-established welding company has been in the industry for 50 years located in west central Saskatchewan; an area of the province that is cost competitive for both living and business development. The current owner assumed the company 20 years ago steering it towards the oil and gas industry and its many related companies, including drilling operations. The main functions of this business include welding services for wellhead installations, repairs to oilrigs, and fabrication. This successful company's repertoire offers truck accessories, steel sales, machining, and pipe fitting services. WHY THIS BUSINESS - - Solid management team - The owner is willing to stay on and assist the purchasers through a smooth transition - High safety standard - Strategically located - Opportunity for growth due to the expanding oil and gas development in the region - Limited competition - Availability to highly qualified sub-contractors


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