Pipe Fabrication Company Serving Oil Field Industry Saskatchewan For Sale

Business description

• 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,

ASMI certified in Alberta and Saskatchewan and a CWB certified shop for structural steel.

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. Contact: Chris Kassardjian or Frank Kusmer by clicking on the contact seller button below.

Property information

Real Estate:

Real Property Included

Location:

Saskatchewan, Canada

Premises details:

4900 sq feet industrial building on a 1.5 acre lot

Appraised at $310,000 a few years ago.

Business Operation

Expansion potential:

Many opportunities to serve existing clients with services in metal frame construction and other oil field related business.

Competition / Market:

Competition is minimal as the company is certified by the Canadian Welding Bureau and there are no competing companies in the area with this certification.

Reasons for selling:

Owners wish to retire and are willing to assist in the transition phase.

Employees:

14

Years established:

14

Other information

Financing available:

Depending on the guarantors and the guarantees they may offer.

Related documents:

• 
• CKGS-Opportunity-A001