Natural Gas Compressor Seal Service/Repair Co.

Not Disclosed, TX

Texas Panhandle

Asking Price: Annual Revenue:
Not Disclosed $888,092

Services: Construction, Contractors

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RE: Natural Gas Compressor Seal Service/Repair Co. Broker: Charles Harvey

Quick Facts

Asking Price: Not Disclosed
Annual Revenue: $888,092
Net Profit: Not Disclosed
Cash Flow: $137,813
Total Debt: Not Disclosed
FF&E: $25,811
Real Estate: Not Disclosed
Year Established: 1985
Employees: 3
BBN Listing #: 4222392
Broker Reference #: #72487CEH

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Business Overview:

Rapidly growing provider of sales and service for specialized natural gas compressor seals, oil and gas coolers, and compressor parts since 1985. Based in the Texas Panhandle serving clients in Texas, Colorado, Oklahoma, and Kansas. Core products and services are critical for safety and maintenance of oil and gas pipeline infrastructure; recent oil and gas volatility has had a minimal impact on sales and service revenue. Current portfolio of 35 clients with ~85% of revenue from repeat business. Team consists of two highly-trained repair specialists and a part-time bookkeeper. Addition of a highly skilled new manager in 2019 combined with increased outbound sales efforts have resulted in significant revenue growth and an expanded geographic presence. In-place management team is capable of continuing all day-to-day operations indefinitely without direct oversight post-sale. Current owner is passively involved in the business and will retire following the transition to new ownership.

Refer to File #72487CEH. Please respond with your name, email/mailing address and telephone/fax no. (s) so we may send a confidentiality agreement.

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Reason for Selling:

Owner Retiring.

Additional Details:

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

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