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Tenured Machine Shop
Location: Canada -> Alberta -> Leduc
Industry: Manufacturing > Metals Manufacturing




Business Summary

Located just south of Edmonton, this tenured machine shop offers production, design, assembly, and repair services to the oil & gas industry. In operation since the 1970's and acquired by current ownership in 2005, this company has been a staple in their operating space for decades. This business has more than enough equipment on hand to handle the needs of clients, and to increase production volumes as required. The staff member in the business is highly skilled and capable of doing required production, service, and repair work.

A potential buyer will benefit from the tenure and consistent success of the business over decades. It is recommended the buyer is, or has a familiarity with the machining industry, or is willing to hire further skilled individuals to join the team.

Note: Inventory and assets are included in the asking price, their values are approximate and subject to change

WHY THIS BUSINESS:

- Well-known business, with great reputation
- Staff is trained, knowledgeable, and drive business
- Strong repeat customer base
- Works closely with oil & gas companies
- Multiple service offerings
- Consistently profitable
- High-quality equipment
- Underutilized equipment allows for scaling revenues with limited capital expenditure


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $967,781
Cash Flow:   $358,796
Cash Flow Type:  EBITDA
Inventory:  $596,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  1979
Number of Employees:  1 - 3
Relocatable:  Not Disclosed
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Negotiable
Reason For Selling:  Retirement




Print Listing Id: 700380426
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