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Industrial Machine Shop

November 2, 2022
Edmonton, AB
Edmonton, Edmonton Metropolitan Area
Asking Price: $950000
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Business Overview

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

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

Operational Summary

Annual Revenue: $
Assets: 571000
Earnings: $358796
Inventory: 25000
Year Established: 1979
FT Employees: 1
PT Employees:

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 StatementsConfidential Business ProfileAsset List
Craig Panek
Craig Panek
Business Broker

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