Growing Oilfield Construction & Services Company

Not Disclosed, TX

Asking Price: Annual Revenue:
$5,700,000 $5,550,116

Services: Construction, Contractors

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RE: Growing Oilfield Construction & Services Company Broker: Zack Elfallah

Quick Facts

Asking Price: $5,700,000
Annual Revenue: $5,550,116
Net Profit: Not Disclosed
Cash Flow: $1,414,345
Total Debt: Not Disclosed
FF&E: $980,391
Real Estate: Not Disclosed
Year Established: 2017
Employees: 10
BBN Listing #: 33454955
Broker Reference #: 6019-15209

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Business Overview:

Highly profitable oil and gas construction company. Specializing in fencing, metal buildings and water transportation. The company started in West Texas in 2017 and has grown exponentially since it's beginnings.

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Property Features and Assets:

They currently hold a lease through 2020 for a large man camp with 7 RVs. Assets=$2,067,233.

Market Competition and Expansion:

Currently they do not allocate any funds to marketing or advertising. Most connections have been established through the owners networking and building strong relationships with key decision makers. The competition is stiff in West Texas, but this company is able to outbid their competitors by having some of the industries fasted turn-around times. They have been able to accomplish that by having a very diverse and skilled group of employees; cutting down the overall labor costs by being more efficient. Also, it has built a strong reputation throughout the area of quality that is unmatched by any competitor. Looking into the oil and gas industry's outlook for the next two years it is projected that the United States will continue to push oil production. Since 2018 the industry has moved more into the exportation of oil in contrast to being a main import. Production levels reached a record high at the end of 2018 and the trend has steadily continued. This company has the distinct advantage of being centered in the Permian Basin, in the middle of all this recent oil boom.

Reason for Selling:

Owner wants a career outside of West Texas.

Additional Details:

  • The property is owned.
  • The owner is not 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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