Business Overview:
Oil and Gas supply and repair stores are a hot commodity in the Oil and Gas sales. Drilling and Production companies maintain inventory and supplies by purchasing items directly instead of having items needed shipped directly and having downtime on rigs. Stores are supplied with over a 1,000 items in stock for customer needs. They supply all the major companies in the area as well as the production service companies in the area. The supply store specializes in the following items downhole sucker rod repair, tubing and anchor repair, downhole packer repair, stuffing boxes and rod rotators, service work over rig companies with pipe dope, swab cups, pipe wipers and hand tools, complete line of poly pipe and fittings, sucker rods, tubing, well heads, weld fittings, lined pipe and many special order items just to name a few. Real Estate sold separately.
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:
Two Separate locations to better cater to oil field and production companies. Location #1 is approximately 3,700 square feet and location #2 is approximately 5,500 square feet. Owners are involved in the business however have an HR, Safety, Accounting, and Management team in place.
Market Competition and Expansion:
Normal competition for this kind of business although this is the Oil and Gas supply company of choice for firms. This company is highly recommended and is known for excellent customer service and quality. Adding a salesman in the field and expanding the territory they currently work could increase sales in any period. 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 and gas production increasing this will surely be an expansion period for the business.
Reason for Selling:
Ready to 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.
Resources: