Owner Financing is Available
Business for Sale Overview:
This company primarily provides wholesaling of oil field equipment as well as tire shredding equipment and steel replacement. The company has an excellent reputation for its expedient and reliable service, expertise in the industry, skilled and experienced staff, prompt response time, convenient hours, and location and competitive pricing. The company was established in 1917 and has been under the current ownership since 1986.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
There are two large industrial buildings encompassing 20,000 square feet, with office and storage space as well as large work areas.
Market Competition and Expansion:
Competition: The company is a contract manufacturer/machine shop that manufacturers machine parts for clients based upon the clients blueprints. Their main markets are for oilfield, steel mill replacement, and tire shredding equipment parts. They also do general contract and job shop work. This company has very little competition in it's market place.
Growth and Expansion: The company could experience growth potential by increasing it's visibility in the oil and gas field machinery and equipment manufacturing market, hiring an outside sales person or team and calling on distributors.
Reason for Selling:
Retirement.
Additional Details:
- The property is owned.
- The owner is not willing to train/assist 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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