Description
Are you interested in owning a well-established business? We have an exceptional opportunity for you: a company specializing in natural gas engine and compressor condition monitoring based in northern Alberta. In 2022, the company achieved discretionary earnings surpassing $340,000, and we anticipate even stronger results for fiscal year 2023!
Here’s what makes this opportunity enticing:
- Stable Customer Base: The company boasts long-term Master Maintenance Service Agreements with select customers, and most regular clients have their predictive maintenance performed annually, semi-annually, or as needed. Additionally, several customers have designated the company as their preferred vendor within their computerized maintenance management systems.
- Streamlined Operations: Ensuring business continuity is straightforward. The new owner merely needs to follow the existing maintenance system, which accounts for 60%-70% of the company’s annual revenues.
- Low Overhead: Administrative and overhead expenses for the company are minimal, resulting in excellent earnings potential.
- Growth Prospects: Opportunities for future growth abound, with the potential for geographic expansion and an expected uptick in industry activity.
This opportunity is a great match for individuals with a background in mechanical trades or mechanical engineering. If this aligns with your goals and interests, we're ready to provide additional information and discuss the acquisition process. Please don't hesitate to contact us for further details or to schedule a conversation.