Industrial Machine Shop

Located just south of Edmonton, this established machine shop offers production, design, assembly, and repair services to the oil & gas industry. In operation since the 1970’s and acquired by current ownership in 2005, this company has been a staple in their operating space for decades. This business has more than enough equipment on hand to handle the needs of clients, and to increase production volumes as required. The staff member in the business is highly skilled and capable of doing required production, service, and repair work.

A potential buyer will benefit from the tenure and consistent success of the business over decades. It is recommended the buyer is, or has a familiarity with the machining industry, or is willing to hire further skilled individuals to join the team.

Note: Inventory and assets are included in the asking price, their values are approximate and subject to change

Listing ID: AML10052022

Asking Price: $950,000

Why This Business

  • Well-known business, with great reputation
  • Staff is trained, knowledgeable, and drive business
  • Strong repeat customer base
  • Works closely with oil & gas companies
  • Multiple service offerings
  • Consistently profitable
  • High-quality equipment
  • Underutilized equipment allows for scaling revenues with limited capital expenditure

Additional details

Reason for sale: Retirement
General Information: Owner support/training is negotiable, Inventory is Included in the sale price
Documents Available For Review: Financial Statements, Confidential Business Profile, Asset List

Listing Details

Operational Summary

Annual Revenue: $967781
Assets: $571000
Earnings: $358796
Year Established: 1979
FT Employees: 1
Inventory: $25000
Location: Edmonton, AB
Broker: Craig Panek
Contact: Craig Panek (780)-495-9295

Craig Panek

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Business Listing: AML10052022