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Businesses For Sale   >>   Alberta Businesses For Sale Categories   >>   

Heavy Custom Metal Fabrication Business For Sale

Location  Alberta,Canada
Asking Price Range  $5.0M - $10.0M
Gross Revenues  $10365043
Net Profit / Cash Flow  $154865
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1998
Number of Employees  50 - 99
Inventory  2153000
Relocatable  No
Number of Employees  50 - 99
Real Estate  Leased
Training  The owner will provide sufficient training to allow for a smooth transition.
Reason for Sale  The owner would like to pursue other interests.
Description  VR Business Sales Presents: Established and very busy 14 year old metal fabrication business is for sale by VR Edmonton. Located in the industrial park south of Edmonton, the business provides manufacturing and engineering of heavy custom metal equipment for oil and gas industry. The company manufactured some of the best power catwalk in the industry as well as drilling rigs and pressure vessel tanks of various sizes. The company is also one of the fewer manufacturers of Transport Canada certified fuel tanks which are used to supply fuel for drilling rigs, service rigs, etc. The company also has a separate division conducting its onn fuel tank inspections services. The business has grown through referrals, word of mouth, high quality work and exceptional service. Since the recent increased activities in the oil and gas industry, the business has been growing extensively. The business currently employs over 50 welders and has a complete management team in place to assist with a smooth transition. Revenue is expected to hit record levels for 2012 and the business currently has manufacturing contracts in place that will keep it busy until the end of 2013.
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