Business For Sale

Business Overview:

This company has been providing quality service and sales in the Oil and Gas fields of North Dakota since 1987. Owners provide specialized service and supervision in the field as well as customer contact with a sales staff. Owner states that they have approximately 400 to 500 clients that keep them busy and 30 to 40 clients that they work for on a regular basis. This company specializes in sales and service of air compressors, pumps, hose products, tools, specialty oil field products, valves and pipe fittings. Net cash flow is generally in the 40%-50% range and employees are well paid with some benefits also paid for by management. Office location is on approximately 2 commercial lots with office, shops and storage yard. Work can be wide ranging and business hours are Monday through Friday.

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:

Large lot in desirable area of town. Consists of Main office, shop and additional storage building / shop. Newer, well maintained facilities with crushed gravel yard for equipment storage. Good signage and comfortable offices and break room for employees.

Market Competition and Expansion:

Normal competition for this kind of business although this is the Compressor sales / service company of choice for many companies. This company is highly recommended and is known for excellent customer service. Oil field service businesses tend to grow with production (drilling) and stabilize when drilling is slowing down. With the current price of oil starting to climb again this will surely be an expansion period for the business. Adding more sales staff and expanding the territory they currently work could increase sales in any period.

Reason for Selling:

Retire

Additional Details: