Business Overview:
This Oklahoma oilfield service business was formed in 1992.The Oklahoma oilfield service business was incorporated in 2003 and in 2009 the business formed a division in North Central PA. to take advantage of the Marcellus shale play. Most of this oilfield service business customers have been with the business for sale since inception. In 2004, sales doubled to $1.6 million. In 2005, the Oklahoma oilfield service business began adding to and replacing trucks and equipment to keep up with the growing market as sales reached $2.7 million. Within twenty-four months, sales again virtually doubled to $4.9 million and by the end of 2008 had gross sales of $7.8 million. The gross sales for 2009 were $7,576,227 and in 2010 year ending the Company had a toal of $10,867,060 in gross sales. The Oklahoma oilfield service business growth can be attributed mainly to their strengths and advantages in the areas of reliability, integrity, quality of work, timeliness 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:
Oklahoma property can be owned or leased, Pa. property is leased. Equipment is is good shape, half the fleet is new model trucks and 2- SWD wells will go with the company for sale.
Market Competition and Expansion:
This business is currently adding new equipment and increasing the gross revenues and still has growth in its future. The Oklahoma oilfield service business for sale has much to offer a potential purchaser in the areas of stability and potential growth.
The Oklahoma oilfield service business also has sufficient physical room for growth in both their Oklahoma and Pennsylvania locations.
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: