Oil & Gas Welding Fabricator

For over 35 years, this family owned, and operated business has been using cutting edge welding technology to join and fabricate components used in some of the harshest service environments in the oil and gas industry, worldwide. They have cultivated a reputation of remarkable workmanship and excellent customer service while continuing to look for and integrate innovative practices that allow for increased productivity and quality. Whether it is high pressure chromoly butt welds for sub-sea chokes, duplex piping to carry brackish water in SAGD oil production, internal nickel cladding on pump manifolds for wear resistance in fracking applications or government procured R&D welding, the systems and facilities are in place with this business to continue mutually beneficial relationships with customers.

WHY THIS BUSINESS:
• Potential for growth
• Excellent location with plenty of client traffic
• ABSA certified B31.1 and B31.3 fabrication facility
• More than 40 qualified welding procedures and procedure qualification records
• Existing Health and Safety program and Employee Training manual
• Turn-key operation

Listing ID: GL04162019

Asking Price: $2200000

Why This Business

Additional details

Reason for sale: Personal
General Information: Seller is founder of the business, Seller owns the premises
Documents Available For Review: Business Sales Memorandum, Financial Statements, Equipment List

Listing Details

Operational Summary

Annual Revenue: $1583982
Assets: $590457
Discretionary Earnings: $461445
Year Established: 1981
FT Employees: 12
Location: Edmonton, AB
Broker: Alberta Business Sales Broker
Contact: Neil Gerritsen (780) 919-1107

Alberta Business Sales Broker

info@absales.ca

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