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Electronic And Instrumentation Business
Location Alberta,Canada
Asking Price Range $1.0M - $2.5M
Gross Revenues $6387919
Net Profit / Cash Flow $1493046
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1981
Number of Employees 20 - 34
Inventory 235000
Relocatable No
Number of Employees 20 - 34
Real Estate Owned
Training The owner will provide sufficient training to allow for a smooth transition.
Reason for Sale The owner would like to retire.
Description Established electronic and instrumentation business for sale in Edmonton, Alberta. This business is an electrical and instrumentation business that provides a complete service solution from design and build to construction, installation and maintenance. This electrical and instrumentation business for sale services primarily oil and gas and the aggregate industries.
This business specializes in manufacturing temporary power vans and power panels for construction sites; designing, constructing, automating and maintaining electrical systems for aggregate crushing, aggregate washing and asphalt production plants, etc. Business has been established since the early 1980's and has a strong market presence with solid reputation in the industry and ample opportunities for further expansion.
The business has steady cash flow and profits with the exception of 2010 due to the economy recession in Alberta and due to the owner retaining all employees. The business has retured to profitability and in 2012 completed the year at over $6MM in revenue and SDE of $1.5MM. Based on the last 4 months of performance the business has already had revenue of over $3MM. The owners are looking to sell the business to new owners who will build on past success and continue the growth of this business.
THIS BUSINESS IS CURRENTLY UNDER CONTRACT.
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