• Strong sales in the manufacturing of piping systems since 1994,
• Has established an excellent reputation within the oil industry,
• Solid customer base in SK and AB include some major oil companies,
• Highly sought technical with expertise and certification to provide competitive edge,
• Strong focus on quality and craftsmanship,
• Proven safety record and competitive pricing,
• Sales of $2M with strong EBITDA in excess of to $500K,
• Increasing cash flow from operations,
• Extremely efficient and well maintained manufacturing facility,
• Many opportunities to increase sales by diversifying into new segments of the oilfield service industry,
• Current owners are committed to assist new ownership for a smooth transition,
• IT, administrative and accounting systems are well in place and functional,
• Real estate included – company headquartered in SK,
• Asking price - $2.5M – vendor financing can be an option
This is an excellent opportunity for a company or a businessperson seeking to create synergies and/or take advantage of economies of scale.
Shareholders want to wind down their involvement in order to retire and will be a valuable asset to the acquirer during the transition phase.
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