Business Overview:
The seller has been in the business for 40 years, has a long list of clients and has a key manager (GM) for the operation that is well versed in the needs of those clients and employees. The company has a brand new shop and all new equipment located on approximately 6 acres. This operation has hot oil trucks and frac heaters. This is all top of the line newer and new equipment that is well maintained in the company shop. Business has no debt and has exceptional cash flow (EBITDA) 56% of sales in 2008. Serious Inquires only please, you need to have your financing lined up as seller will not carry your contract.
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:
New Buildings and fenced grounds. All up to the most current regulations and industry standards for safety.
Market Competition and Expansion:
Normal Competition for this industry however owner is turning down business on a daily basis as he has all equipment booked for work. Employees work an average of 60 to 90 hours per week. Seller is investigating expansion sensibilities with PIC programs, Vac Trucks, Frac Heating, Frac Tanks, Water Hauling, Invert and other services.
Reason for Selling:
Retire
Additional Details:
- The property is owned.
- The owner is 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.