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Business For Sale

Hot Oil Service in North Dakota & Montana

Undisclosed, ND

Services: Non-classifiable

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$7,000,000
Not Disclosed
Not Disclosed
$1,201,368
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1984
14
252615822

Business Overview:

With over a dozen hot oil trucks this company is by far one of the leaders in the Basin as far as equipment and personnel goes. Additionally they have service offices in several North Dakota and Montana towns. The owner and his wife started over 25 years ago with one truck and have built the business up to where they now perform service at well sites over 12,000 times per year. They have in excess of 50 customers and 60% of their work is scheduled on a weekly, bi-weekly or monthly basis. The other 40% is handled on a daily call in basis. Billable time is from the time the truck leave the yard until its return. New and well maintained equipment, great personnel, highly trained Foreman/ GM.

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:

Seller has facilities strategically placed through out the Williston Basin.

Market Competition and Expansion:

Normal competition in the market place however most service companies in this area (including this one) are turning down work on a daily basis. Employees generally work a 60 to 70 hour week. Other related services could be added to this operation such as Vac Truck, Water Hauling, Frac Heating, Frac Tanks, and TIP 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.
 

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