Text Box: Business For Sale

Text Box: Edmonton, Alberta       Client # 10032P

  

 

Text Box: Oilfield Machining, Manufacturing & Repair

 

Text Box: BUSINESS DISPOSITIONS

Text Box: BUSINESS ACQUISITIONS

Text Box: BUSINESS PRICING Text Box: Business Summary This mid-sized CNC and general machining company has been serving the Alberta Oil & Gas industry for over 15 years and is certified to ISO 9001 : 2000 standards.   The predominately manufacturing operation also provides repair services and is structured to perform in-house metal drilling functions.  The facilities are presently operating on a single shift basis.  There are opportunities to expand business both through facilities expansion and/or adding shifts depending on manpower availability.   Total undepreciated (original) equipment cost is approximately $2 MM as at February 28/07.   The property is owned by the majority shareholder through a holding company and is included in the sale price.     The 21,600 sq. ft. (more or less) main building sits on a 4.3 acre site (more or less) and includes substantial executive and administrative office space in addition to an efficient shop facility.  The property is presently valued at $3 MM.   Key personnel have been with the company since inception and participate in minority share ownership and performance bonuses.  The company has shown substantial growth in recent years and the owner expects this trend to continue into the foreseeable future.  

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

FINANCIAL HIGHLIGHTS SALES EARNINGS
2006 $5,053,365 $792,020
2005 $3,844,430 $810,759
2004 $2,575,896 $361,922
EARNINGS exclude inter-company property rental charges, interest on L.T. debt, and amortization.  Earnings include a provisional wage for a full-time working owner or general manager.
Text Box:             Business Highlights: Experienced management and production team in place The company has strived to maintain a reputation for high quality and service Up to date CNC and other machining and related equipment Facilities have been updated and can be expanded Increasing sales volumes with opportunities for growth The primary shareholder is prepared to negotiate a consulting contract with new owner.                                                                              

 

Asking Price: -  $3,000,000  For the assets and goodwill of the business ***                *** (plus inventories and WIP at cost on Closing)

                      - $3,000,000  For the land & building                

 

                                                                   

 

 

Text Box: Asking Price: -  $3,000,000  For the assets and goodwill of the business ***                *** (plus inventories and WIP at cost on Closing)                       - $3,000,000  For the land & building                                                                                          

 

Text Box: BUSINESS BROKERAGE SERVICES OFFICE 10267 - 178 Street, Edmonton AB T5S 1M3

 

 

 

For more information on this business please click here to access a printable non-disclosure agreement

Note to Reader:

All financial information contained in this document has been provided directly by the Seller and/or his accountants.  NAI Commercial Real Estate Inc. are not accountants, nor does NAI express any expertise whatsoever in these areas.   Further, NAI has not undertaken any review or verification of such information and offers no opinion whatsoever as to its validity.  Prospective buyers are expected to review all information contained in this document with their appropriate professional advisors before accepting and/or acting on the information contained herein.                

10032P - Oilfield Machining, Manufacturing,Repair -