Electrical & Power Supplier - Petroleum Industry
Location Alberta,Canada
Asking Price Range $2.5M - $5.0M
Gross Revenues $5900000
Net Profit / Cash Flow $1600000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1980
Number of Employees 10 - 19
Inventory 2200000
Relocatable Yes
Number of Employees 10 - 19
Real Estate Leased
Training Negotiable
Reason for Sale Retirement - health reasons
Description This Company is a well recognized and highly respected supplier of electrical rigging and fixturing for the fast growing petroleum exploration industry. The Company serves its customers with shop, construction and field service for all electrical needs, including a well know ability to ''invent'' solutions for the unique issues arising from a demanding customer base.
This family Company has been established and growing steadily since its creation 32 years ago. With proven profitability, a highly trained staff (willing to remain with the new owner), and an enviable reputation with customers, this is a solid gem to acquire, with the history to prove that it can ''ramp up'' or ''scale back'' as market demands and pressures require. Due to the current owner's health issues, the Company is priced with a quick sale and turnover in mind and their flexibility will allow for an ''aggressive'' sell price. With a properly designed ''Offer'' on a share sale basis, the Seller will negotiate the land and buildings as well.
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