Well Cementing/Acidizing Company -Discounted Sale

Moore, TX
Frio County

OFF 35 S

Asking Price: Annual Revenue:
$9,000,000 Not Disclosed

Manufacturing: Energy, Oil, Petroleum, Gas Production

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RE: Well Cementing/Acidizing Company -Discounted Sale Broker: Jana Davenport

Quick Facts

Asking Price: $9,000,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2020
Employees: 8
BBN Listing #: 847463236
Broker Reference #: Not Disclosed

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Business Overview:

The Company provides primary and remedial cementing and acidizing services on oil, gas, and water wells throughout Texas. Services include oil and gas cementing, acidizing, well control, well kill, water well cementing, squeeze and plugging, and other pump service.

Currently on 8 acre yard located in Moore Tx with bulk plants, silos, lab and maintenance building with the option to purchase yard or all equipment is mobile and can be relocated. Company appraisal done in September 2020 and Appraised for $10 Million.

The Company has 8 experienced employees who come from this field of service. Current MSA’s and work that is beginning to pick up with Oil prices on the rise. Owners spent the last year personally sustaining the company through the pandemic.

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Property Features and Assets:

8acres leased with option to purchase. Business is relocatable.

Market Competition and Expansion:

With Oil prices over $100 and holding work is really starting to pick back up. Business has just been sustained by us personally through the Pandemic and the oil tanking into the negatives in March of 2020. Active MSA's and employees.

Reason for Selling:

Other Opportunities in area of Expertise

Additional Details:

  • The property is leased.
  • 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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