Highly Profitable And Booming Oilfield Services
Not Disclosed, NA Not Disclosed
Seller's Contact Information
- RE: Highly Profitable And Booming Oilfield Services
- Contact: William Robison
Quick Facts
| Asking Price: | $28,000,000 | |
| Annual Revenue: | Not Disclosed | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $4,105,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 722941469 | |
| Broker Reference #: | 0366-577960 |
Business Overview:
This highly profitable and growing oilfield services business has been an industry leader for over a decade. Competition has come and gone and the company has continued to grow. The company recently added a new service with over $1mm in investments and it is booming.
Several competitors have dropped out of the market especially after the oil slump caused by COVID. This company has endured and is primed to capture market share as it continues to return.
The company leadership added a new service in 2020 during COVID that has increased 400% in 2021. There is still a lot of potential for growth.
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Reason for Selling:
Divesting assets.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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