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Listed by:

vbs group

Pressure Testing, Chemical Hauling, Oil Pipeline Services Business In Edmonton For Sale

Edmonton, Alberta, Canada
Asking Price:
$1,538,000 (CAD) Furniture / Fixtures included
Sales Revenue:
$1,636,602 (CAD)
Cash Flow:
$248,568 (CAD)

Pre-approved for financing.
The current owner will also provide VTB financing of up to 15%
We help buyers get financing with a minimum of 5% cash required.

The business is for sale at $1.538 million which includes assets of $850k needed to run the business.

Also available for sale are additional heavy-duty vehicles valued at $1.054 million.

The land is for sale at $1.35 million. If you do not wish to purchase the property/land you will receive a right of first refusal.

The current owner is willing to stay on as long as wanted by the new owners.

Sales are up 20% this year. The year-end is October.

60% of revenue comes from contracts.

Since 1999 this business has been providing essential services to the oil and gas sector including the following:

• Pipeline integrity programs
• Pressure testing for construction facilities
• Pipeline and facility decommissions
• Hydrate prevention program
• Pressure testing downhole wireline services
• Chemical product hauling
• Remote services
• Forestry fireline support

This company has a great team in place for the new owner as well as recurring revenues and long-term relationships with many of its top customers.

Many opportunities for the company to continue to grow and the current owner provides 3 months of support and training to see its continued growth.

It has great contracts in place as well as a loyal customer base.

The business has Review of Engagement financials completed.

Accepting offers up to December 31st or the first acceptable offer.

Property Information

Premises Details:

Main floor - 7,400 sf 6-Bay, including wash bay (south facing) with attached office, lunch room 2nd floor - 1,200 sf with offices, washroom , board room Tank farm (ASCA Approved) Secondary Hwy access All on 4.81 acres.

Business Operation

Reasons for selling:

Retirement

Employees:
10
Years established:
24

Other Information

Support & training:

full 3 months provided

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Yes.

Furniture / Fixtures value:
$850,000 (CAD) - included in the asking price