Business Overview:
Oklahoma oilfield service business with other income streams from tank trucks, SWD wells, rentals, dirt work, and providing other services to their clients. The business is an S Corporation in Oklahoma servicing part of Oklahoma, Texas Panhandle, and into Kansas. Business is based around some of the largest oil and gas fields in the region. The business has many clients that make up the majority of their gross revenue stream. There is a management team in place for this business willing to continue the growth of this company.
In 2010, the revenue increased 70% from 2009. In 2007, the Oklahoma oilfield service business for sale began adding to and replacing trucks and equipment to keep up with the growing oilfield servicing market as the 2007 sales reached $4.6million. Within twelve months, sales again increased by 67% to over $6.2 million in gross revenue. The Oklahoma oilfield service business for sale growth can be contributed mainly to their strengths and advantages in the areas of reliability, integrity, quality of work, timeless of response, competitive pricing and geographic location.
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:
Located in Oklahoma along a state hwy., large storage yard, up to date equipment, SWD wells, large office and indoor shop area. Property and equipment will be included in the sale. Inventory of equipment can be furnished to interested party.
Market Competition and Expansion:
The business has much to offer a prospective purchaser in the areas of stability and potential growth. According to the owner this company does over 95% of the business in their servicing area. They are recognized for their good reputation, reliability, strong oilfield customer base, customer service, dependable equipment, and good cash flow, and salt water disposal wells. Great potential and a business that has stood the test of time.
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.
Resources: