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Business For Sale
OIL FIELD SUPPLIES
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Asking Price: |
$4,750,000
USD USA Dollars
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Business for Sale Industry: |
Wholesale/Distribution: Non-Durable
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Reason for Selling:
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Retirement. |
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Year Established:
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1956 |
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# of Employees:
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5 |
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Yearly Revenues:
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$1,463,891 |
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Yearly EBITDA:
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$160,480 |
Business for Sale Overview:
During the exploration, production and transportation of crude oil
products, many types of mechanical equipment and consumable
supplies are used at various stages of the oil production process.
During the actual process of drilling for oil, drilling rigs will use
pumps, motors, hoses, filters, hand tools and many other small items which are consumable in nature or have a short term life cycle. This oil field supply company carries a large inventory of these types of commonly used items that are necessary for oil production both in on-shore and off-shore drilling environments. The majority of the products sold by the business to drilling companies are used on offshore drilling platforms. Other products stocked by the business will include mechanical parts and equipment that will have a much higher cost factor to them and are intended for longer periods of use but still will need replacement or repair during their life cycle. With the increasing cost of domestic oil, the oil industry will continue to remain an important part of the economy and methods of exploration and oil
production will continue to adapt and change but the need for
supplies, mechanical parts, filters and repair services will remain a
constant factor in the oil industry. This company has changed and
grown along with the oil industry but good service and competitively priced products has remained a consistent hallmark of the business.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- The owner is not 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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