This mid-sized oilfield business located in Saskatchewan has been in operation for over 35 years. They have built a reputation for quality service and dependability. The owners are now ready to sell and retire. The company has a full fleet of equipment including steamers, pressure trucks, bobcats, backhoes, hydrovacs, and trailers. They can do custom welding and fabrication in their shop, site work, and also chemicals & oil delivery, batching and circulation. Strong customer based of larger clients 25+ different companies. 95% repeat business. Sale price listed does not include real estate, but a package deal with the corporate real estate and a sister company would be available. Numbers are listed are an average past 5 yrs + current projected for sale and annual cashflow). The sale is proposed as a share sale with Working Capital of $250,000 and all equipment ($1,700,000 Est MV) included in the list price.
Financial Information
$2,099,000
Asking Price
N/A
Cash Flow
$3,090,000
Gross Revenue
N/A
Down Payment
$485,000
Adjusted EBITDA
Business Location
City:
Confidential
State:Confidential
Detailed information
Year Established:
Home Based:No
Franchise:No
Relocatable:No
Lender Prequalified:No
SBA Prequalified:No
Full-Time Employees: 18
Part-Time Employees:N/A
Contractors:N/A
Owner Worked Hours/w:N/A
Inventory Included: Yes
Inventory Value:
$250,000
Monthly Rent:
N/A
Real Estate Available: No
Real Estate Included: No
Real Estate Value:
N/A
FF&E Included?: No
Real State Description
Real estate may be leased or purchased with the business for an additional price.