Listing Expired

Business For Sale

Services: Non-classifiable

NDT Business in Bakken Oil Field

Basin Area, ND

Asking Price: Annual Revenue:
$5,500,000 Not Disclosed

Business Overview:

Non Destructive Inspection/Drill Collar Inspection companies test the drill pipe/tools for leaks, cracks, dents, rust and weakness. They work on location to ensure the drilling company continues to be productive when a pipe/tool is damaged. Safety is a must in this type of a business to ensure the rig is working correctly and that no pipe/tool is damaged. This company works for all the majors and has a very diverse portfolio. Company has an excellent safety record and is the inspection company of choice. Company is on call 24/7 and is staffed appropriately.

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Property Features and Assets:

Large shop in desirable area of town. Consists of storage area, office and other amenities. Good road access and visibility. Real property sold separately.

Market Competition and Expansion:

Normal competition for this kind of business although this is the Non Destructive Inspection company of choice for firms. This company is highly recommended and is known for excellent customer service and safety record. Adding a salesman in the field and expanding the territory they currently work could increase sales in any period. Oil field service businesses tend to grow with production (drilling) and stabilize when drilling is slowing down. With the current price of oil starting to climb again this will surely be an expansion period for the business.

Reason for Selling:

Ready to 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.

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Contact the Seller

RE: NDT Business in Bakken Oil Field Broker: Zac Griffin PCS Brokers

Quick Facts

Asking Price: $5,500,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: $1,499,879
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1981
Employees: 15
Listing Number: 323915822

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