Oilfield Service Provider

Relocatable, TX Not Disclosed

Asking Price: $398,500

Annual Revenue: $551,474

Services: Construction, Contractors

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RE: Oilfield Service Provider
Contact: Walter Szuja

Owner Financing is Available!

Owner Financing Terms$199,250.00 Owner Financing Interest10% Owner Financing Terms Months60 Owner Financing Monthly Payment$4,233.47

Quick Facts

	Asking Price:	$398,500
	Annual Revenue:	$551,474
	Net Profit:	Not Disclosed
	Cash Flow:	$123,387
	Total Debt:	Not Disclosed
	FF&E:	$160,000
	Real Estate:	Not Disclosed
	Year Established:	Not Disclosed
	Employees:	5
	BBN Listing #:	939705
	Broker Reference #:	071921-696510

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Business Overview:

This company specializes in tubular nondestructive testing and repair. Our business employs cutting edge technologies to ensure the integrity of critical structures. With a team of skilled technicians, we offer rigorous in field inspection, precise field repair, flaw detection, and quality assessments for various industries, guaranteeing safety and reliability of tubular components. We offer in field inspections & repairs for the most up to date cutting edge connections. Whether it is nominal or double shouldered high torque connections we can inspect and repair in the field to save the customer money, adding to their bottom line. We do all of this with safety in mind, and have a flawless safety record. Trust us for thorough, noninvasive testing, and repair that exceeds industry standards. This company was initially started in 2013 by Michael DeKoch. The business grew and a second crew was added. In 2016 there was a bust in the industry that lead to a shut down. When the industry picked back up in 2017 we started the business back up with one crew. We have maintained a lengthy list of MSA's with successful companies. Covid 19 had a negative impact on our business and the health of the owner/salesman.

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Property Features and Assets:

After suffering from a heart condition followed by a serious accident the owner/salesman has been left unable to travel on lease roads. We have loved and cared for this business as our own child, but we are now at a place of needing to care for our own health and wellbeing.

Monthly Rent: $225.00

Facilities: Home office and a Storage Location for Equipment.

Reason for Selling:

Health Issues

Additional Details:

The property is Leased.
The owner is willing to train/assist the new owner.
This is not homebased business opportunity.
This is not a franchise resale opportunity

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