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Business For Sale

Oilfield Maintenance & Construction Company Texas

Southern-Eagle Ford Shale, TX

Services: Construction, Contractors

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
Not Disclosed
$23,105,113
Not Disclosed
$7,497,597
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
$4,600,000
Not Disclosed
2004
137
907913260

Business Overview:

Over the last two years, the Eagle Ford Shale in Texas has become the premier resource play in the United States. A high level of activity is expected to continue in this play for years to come. This is a unique opportunity to acquire an exceptional oilfield construction and lease maintenance company that is in the heart of the Eagle Ford Shale boom. The company utilizes its 225 person workforce and $4.5MM in new equipment to lay pipelines, hook-up production facilities, bore under roads, rework well sites, provide trucking services, and provide labor for painting, sandblasting, hydrostatic testing, repairs, and maintenance. Company is very focused on maintaining its quality of work and great reputation, so it hires only experienced local employees. Strong field supervisory team in place. One major oil company is the primary customer, which has publicly stated that a significant increase in its activity in the Eagle Ford over the next few years is the core of the company’s growth plans. Diversification is quickly achievable since the company turns down work on an almost daily basis from many potential customers. Over $23MM of revenue in 2011 and rapidly increasing. Rare chance to acquire a well-established oilfield service company located in the sweet spot of one of the most significant economic developments in Texas’ history. Please refer to CBB Listing #7481FS.

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:

(1) 2,000 SF office and (1) 2,500 SF shop on 3.63 acres of land.

Market Competition and Expansion:

1) Add equipment and personnel to accept business currently being turned away. 2) Leverage reputation to expand into other areas. 3) Build drilling locations as an additional service. 4) Establish a fabrication shop as a new service.

Reason for Selling:

Needs new owner to take company to the next level.

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.