Industrial & Enviro Clean up and Waste Removal for sale in Fox Creek,, CAN

Business Summary:
This company currently has 250 clients, of which 50+ of those are recurring, with revenue generated from diversified services. This company handles all aspects of the industrial clean up services and disposal & hauling of drilling waste for oil field productions; the other 30% is a mixture of maintenance, water delivery, vegetation control, water truck services, & mobile steaming. The unique qualified team allows the owner to be able to live remote, more than 2 hours away, and only does light oversight of the business. The Leadership Team is in place & consists of twenty-three employees. There are 5 in Administration (Vice President of Operation, General Manager of Fleet & Dispatch, Billing Manager, Safety Officer, and Dispatch); 13 Operators, and 5 in the Shop. Their equipment & vehicles have a value of over $2.6MM and consists of combo vacs, tank trucks, straight vacs, water trucks, mobile steamers, and maintenance units. There is roughly $477k of Working Capital that is included in the purchase price as well. The business has a focus in Alberta with clients across Canada. The company’s leased space consists of an 11-acre industrial fully fenced yard site, a 750 sq. ft. office with 4 maintenance bays, and a 5-bedroom crew house.At the purchase price of $5,050,000 CAD, with a 20% investment from the Buyer, the Seller will show a vested interest in the business’s success by holding a note for 15% allowing the bank to be at a 65% loan, making the business over 100% collateralized. Financing should be a breeze as this company is boasting a 25% Profit Margin and already has backlog in 2023 that shows cashflow will be even better than 2022.