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Business For Sale
PROFITABLE OILFIELD SERVICES COMPANY
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Asking Price: |
Not Available |
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Business for Sale Industry: |
Services: Non-classifiable
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Yearly Revenues:
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$14,580,000 |
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Yearly EBITDA:
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$3,181,000 |
Business for Sale Overview:
Located in the Midwest, the Company is an established oilfield services company specializing in post-drill work on existing oil and gas wells. Approximately 70% of the Company's revenues are generated by well service, maintenance and trucking, and disposal services. Remaining revenues are gained via completion and stimulation services including lateral drilling. The Company maintains a fleet of workover rigs that could be efficiently converted into drilling rigs if desired. The Company is marked by a seasoned crew, excellent equipment, and an outstanding industry reputation. It is well poised to expand into "untapped" areas of the Midwest.
Market Competition and Expansion:
Diversified oilfield services combined with a favorable industry outlook and increased exploration activities position the Company well for growth within the Midwest.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner may be willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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