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Sunbelt Business Advisors and Houston Business Brokers is the largest business brokerage organization in the world with over 300 offices in the United States and 18 countries. Our objective is to help those people who want to buy a business, achieve that goal in an efficient and informed manner.
Sunbelt Listing ID: N1772-KL

Oilfield Service Company for Sale

Description:

Rapidly growing and highly-profitable oilfield service company is for sale which provides rig and rig site cleaning services. In the pursuit of further growth and profitability, your company may find the following attributes appealing:

·         Sales for 2017 are forecast at $16 million with at corresponding EBITDA of $3.3 million. Current TTM sales through July 2017 is $10 million.

·         Sales for 2015 was $11.4 million and in 2016 sales dipped to $6 million. In 2016 they maintained their current labor force and they are now  positioned to have a record year in 2017.

·         The Company has multiple strategic locations so that it can provide services to all the major shale fields in the Southwest US.

·         Its client base are the premiere Oil and Gas Exploration Production Companies in each region.

·         A solid reputation for high quality services, longevity in the marketplace, proven track record, and staunch focus on safety has resulted in excellent customer relationships and a high rate of repeat business.

·         The Company has developed some propriety products and systems that gives them a competitive advantage over their competitors.

·         The current owner that runs the operation is willing to stay with the company for 1-3 years after the transactions. There is a middle manager who is being groomed to the run the company that is willing to stay indefinitely. 

Presented by SCA Advisors – Houston; a member of the Sunbelt Network, the largest organization of business brokers and M&A professionals world-wide.  Call Kiril Logvinoff at 281.440.5153 for complete details. 

 

Industry:  Business to Business Service, Construction / Engineering, Unique / Misc
State: Texas
City: Other Regions
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Annual Cash Flow Notes:
Annual Cash Flow is for YTD Sept.
Purchase Price: No Purchase Price Established
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Purchase Price Notes:
Annual Cash Flow: * $3,001,000

Listing Agent: Kiril Logvinoff
Phone: 281-440-5153
Annual Revenue: $12,602,000
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Annual Revenue Notes:
Annual Revenue is for YTD Sept.
Real Estate: Available
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Real Estate Notes:
Real Estate is available, but not included in Asking Price.

Cash flow is defined as net profit plus taxes, interest, depreciation, amortization, and owner’s compensation. See earnings detail from Seller.

Tagged With: Oilfield ServicesUnique