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Listing ID: 3158127

746 - CRANE INSPECTION SERVICE For Sale

10616 169 St NW,, Edmonton, Alberta, Canada

CA$ 5m & above

(Furniture / Fixtures and Inventory / Stock included)

Revenue: CA$ 1m to 5m

Cash Flow: CA$ 1m to 5m

Business Description

Business Description
This business which started in 1991, has been serving Western Canada and Northern regions offering engineering inspection and certification services for all types of overhead and oilfield-related lifting equipment. They have a highly trained in-house staff to ensure that their clients' preventive maintenance, safety and regulatory requirements are met. In Canada, as per CSA Z150 and OH&S regulations, lift equipment is to be certified annually. All inspections and certifications are performed to meet or exceed the applicable manufacture's specifications, Occupational Health and Safety Regulations and CSA Standards.

The business opportunity currently offers inspection and certification services for Mobile Cranes, Overhead Cranes, Monorails, Jib Cranes, Lifting Beams, Loaders, Spreader Bars, Aerial Ladder Trucks, Equipment Baskets, Trailers, Picker Trucks, Pipe Layers, Forklifts, Backhoes, Auger Booms, Jib Cranes, Ladder Trucks, Ground Ladders, Fire Department Man Baskets, Ladder Trucks, Ground Ladders, etc. The business has grown during all business cycles by training and retaining the most qualified inspectors compared to competitors. The business database of customers exceeds over 500 clients requiring inspections on a regular basis in accordance with provincial legislation.

Business transition will be seamless since the owner is available to participate as required. Multiple layers of management have allowed the owner to take a passive role away from the business for lengthy periods.
Detailed Information Facilities:
The business leases office, shop and work yard space in a one story commercial mall. The lease is at market rate for nearly a five year term and available for extension and renewal option.

The company has acquired 1.1 acres next to their leased facility and the buyer will have the option to purchase.
The asking price for the land is $1.25 million

Growth & Expansion:
A significant opportunity exists to expand the business to service existing clients in other regions.

Property Details

Years Established:

This business which started in 1991

Property Type:

Lease

Other Details

Operation Details

Employees:

22

Trading Hours:

ON DEMAND

Miscellaneous

Financing Available:

Yes
Negotiable

Reason For Selling:

Retirement

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