Oilfield Service Company for Sale

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Sunbelt Listing ID: N1772-KL

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 2018 are forecast at $19 million with a corresponding EBITDA of $5.6 million. In 2017 they had sales of $15.9 million with an EBITDA of $4.5 million.

· 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.

· Sales for 2015 was $11.4 million and in 2016 sales dipped to $6 million. In 2016 they maintained their current labor force, which allowed them to have record sales in 2017.

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

· Their 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 proprietary products and systems that gives them a competitive advantage over their competitors.

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: Construction / Engineering, Business to Business Service, Unique / Misc,

Tagged With: Unique, Oilfield Services,

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