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- RE: Oilfield Service Company Specializing In Tool Rent
- Contact: Steve Merritt
Quick Facts
Asking Price: | Not Disclosed | |
Annual Revenue: | $12,006,838 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $5,070,664 | |
Total Debt: | Not Disclosed | |
FF&E: | $1,000,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2016 | |
Employees: | 30 | |
BBN Listing #: | 995942 | |
Broker Reference #: | 76931-716117 |
Business Overview:
This well-established company specializes in renting high-pressure rated tools to oil and gas operators in the Permian Basin, one of the most active energy-producing regions in the United States. With a strong reputation for reliability, safety, and responsive service, the business provides essential and tailored solutions to support critical oilfield operations with cementing services. The extensive inventory is all equipped with RFID chips that are geotagged and is maintained to rigorous standards.
Founded in 2016 by its current owners, the company currently employs about 30 full-time workers and has developed a loyal customer base. The company is strategically located in the heart of the Permian Basin, positioning it to respond quickly to customer needs and capitalize on the continued demand for high-pressure rental iron. This is a compelling opportunity for a strategic buyer or investor looking to enter or scale within the oilfield services sector with a business that combines strong cash flow, modern infrastructure, and proven leadership.
Contact the Seller:
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Reason for Selling:
Unrelated Business Ventures. Kindly ask the seller for more information.
Additional Details:
- The property is owned.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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