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Opportunity to purchase a profitable and growing Central Alberta Steel Fabrication company that provides construction and fabrication services. The company has evolved its business model through the downturn in the economy to rely less on fieldwork and more on in-shop production. This evolution, combined with its semi-automated welding system, has allowed for more efficient operations and cost-savings for customers.
Primary service categories include:
? Field construction & maintenance
? Pipe spool fabrication
? Structural fabrication
This company has a long history of successful work with energy companies prominent in the foothills region and activity is expected to increase with Alberta’s expanding petroleum export capacity throughout 2019.
The owners are prepared to stay on for a reasonable transition period mutually agreeable to all parties.
Financial Summary Year ending December 31 2018
2016 Revenue 2,794,579
2017 Revenue 3,309,054
2018 Revenue 6,276,150
Investment Price of 3,900,00 Includes building & land
Interested buyers For qualified buyers financing can be arranged with a minimum of a 35-40% down payment of the listing price OAC
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