Owner Financing is Available!
Business Overview:
This is an equipment rental business that supplies hydro blast pumps at 10,000, 20,000 and 40,000 psi as well as auxiliary equipment (abrasive blasting, metal cutting, wall cleaning, nozzles, etc.) to industrial service companies. The business also manufactures 5,000 psi diesel – powered pressure washers that it rents or sells to the same set of customers. These customers use this heavy equipment primarily to service the petrochemical plants and refiners located near the Houston ship channel.
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:
Assets=$3,454,064.
Market Competition and Expansion:
The company competes with NLB(National Library Board), one of their suppliers of hydro blasters who also has a local rental presence. Their other supplier, jet stream does not rent locally but does so in other parts of the country.
High oil prices have encouraged the petrochemical plants and refiners to postpone maintenance as long as possible during recent years, however with its current supply of equipment assets the business is well positioned to take advantage of the anticipated increase in these maintenance activities over the next several years as continuing to defer them will no longer be practical.
Reason for Selling:
Owners are retiring
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
Resources: