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Oilfield Service Company
Location: Canada -> British Columbia
Industry: Manufacturing > Other Manufacturing




Business Summary

The business provides production testing services to the oil and gas industry in Alberta and British Columbia. The company established its operations in 2003 and has demonstrated its ability to grow the business on a year-over-year basis.

The business generated EBITDA of $3.1 million on revenue of $8.6 million during the 2012 fiscal year. The business is poised to generate EBITDA of $3.6 million on revenue of $9.2 million during the 2013 year.

The business has a strong management team in place, independent of the current ownership group. The majority owner involved in operations is willing to retain a meaningful ownership interest to ensure that there is an orderly transition of ownership of the business.

There are two owners of the business. The minority owner is not active in the business and would like to liquidate their holdings. The majority owner would like to reduce his interest and eventually transition out of the business.

The purchase price is $9.5 million.


Financials

Asking Price Range:  $5.0M - $10.0M
Gross Revenues:   $8,600,000
Cash Flow:   $3,100,000
Cash Flow Type:  EBITDA
Seller Financing:  No

About The Business

Year Established:  2003
Number of Employees:  50 - 99
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale




Print Listing Id: 700182499
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Also See: Franchise Opportunities > Franchise Resales > Business Brokers > British Columbia Businesses For Sale > British Columbia Franchises For Sale



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