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BUSINESSES FOR SALE

If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

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Oilfield Service Company

Location  British Columbia,Canada
Asking Price Range  $5.0M - $10.0M
Gross Revenues  $8600000
Net Profit / Cash Flow  $3100000
Cash Flow Type  EBITDA
Seller Finance  No
Year Established  2003
Number of Employees  50 - 99
Relocatable  No
Number of Employees  50 - 99
Real Estate  Owned
Description  The business provides production testing services to the oil and gas industry in Alberta and British Columbia. The company established its operations in 2003 and has demonstrated its ability to grow the business on a year-over-year basis. The business generated EBITDA of $3.1 million on revenue of $8.6 million during the 2012 fiscal year. The business is poised to generate EBITDA of $3.6 million on revenue of $9.2 million during the 2013 year. The business has a strong management team in place, independent of the current ownership group. The majority owner involved in operations is willing to retain a meaningful ownership interest to ensure that there is an orderly transition of ownership of the business. There are two owners of the business. The minority owner is not active in the business and would like to liquidate their holdings. The majority owner would like to reduce his interest and eventually transition out of the business. The purchase price is $9.5 million.
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