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Business For Sale

OIL FIELD TOOL RENTAL AND SUPPLY COMPANY

Attn: Art Chauvin
South Louisiana, LA, USA
Listing Number: "BatonLA0011147"
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Asking Price: Not Available
Business for Sale Industry: Services: Non-classifiable  
Reason for Selling: Personal Reasons
Year Established: 2003
# of Employees: 12 Full Time
Yearly Revenues: $3500000
Yearly Cash Flow: $400,000
Monthly Payroll: $30,000
 

Business for Sale Overview:

This very nice, well established, five year old company generates revenue in 2 major areas. One area is the business of renting high value oil field tools for drilling and workovers. They have a very good inventory here. In the second area they sell and service a variety of unique safety equipment. They have the exclusive rights to sell some of the newest technology safety equipment in the marketplace. Even competitors selling and installing this equipment must buy the equipment from them. Company provides technical support and service countrywide for the equipment they install. This is a very good source of recurring revenue. Company is located in a large metropolitan city/metro area in South Louisiana. It is in the heart of the oil patch in South Louisiana. This would be an excellent add on for a company already in the oil patch. Seller has developed some very serious health issues and is highly motivated to sell. Seller is open to substantive offers. Seller will consider seller financing for a qualified buyer with a reasonable down payment. Seller will seriously consider and promptly respond to all reasonable offers. Come see, make offer.


Property Features and Assets:

4,000 square feet


Additional Details:

  • The property is leased.
  • 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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