Oil and Gas Field Excavation Company

Bloomfield, NM
San Juan County


Asking Price: Annual Revenue:
$3,750,000 $2,326,333

Services: Construction, Contractors


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RE: Oil and Gas Field Excavation Company Broker: Charlie Cole
Owner Financing is Available!
Seller will carry 10%.

Quick Facts

Asking Price: $3,750,000
Annual Revenue: $2,326,333
Net Profit: Not Disclosed
Cash Flow: $605,401
Total Debt: Not Disclosed
FF&E: $3,750,000
Real Estate: Not Disclosed
Year Established: 1960
Employees: 20
BBN Listing #: 16597003
Broker Reference #: 1482-90

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Business Overview:

This business specializes in oil and gas site work as well as erosion and sediment control. Beginning with one dozer in the 1960’s, the company now works for large oil and gas companies, cities, counties, tribes and governments with a staff of 20 employees providing general excavation with a concentration on oilfield well pad and access road construction including reclamation, erosion repair and mitigation, fence building, tree clearing and reseeding. Master Service Agreements are in place with at least a dozen steady customers. The business utilizes a 5-acre facility with shop, office and storage space. Management estimates the business is operating at approximately 60% of asset and facility capacity. Solid, experienced staff that includes a general manager, office manager and field foreman. Real estate can be leased or purchased. Cash flow is weighted average during Covid.

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Property Features and Assets:

Located in a prime industrial location, centrally located, with good access on a 4-lane highway. The property includes a 5 acre lot with 3,200 sqft office space, 4,800 sqft shop space, 1,500 sqft detached shop and 1,800 sqft lean-to storage area. Business is currently operating at about 60% of capacity. Real Estate is available for purchase or lease, price does not include property.

Reason for Selling:

Retirement

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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