Equipment Rental & Services Company For Sale

Business description

The Business’s major revenue sources are the providing of specialized rental equipment, waste disposal, and potable water for drilling and exploration companies, pipeline construction companies, and construction companies. Each drilling site, pipeline project, and plant construction site has employees and contractors who need drinking water and toilet facilities throughout the day and night as well as trash disposal. The oil and gas drilling sites have portable living quarters which have complete kitchens and toilet facilities. These living quarters must be furnished with water and sewer services which are not readily available on the drilling locations. The Business is listed at 4X multiple of EDITDA. More information may be found by clicking on the Contact Seller button below.. This is neither an an offer nor solicitation to sell securities.

Property information

Location:

Facilities and shop are located on family owned land behind the seller's residence. A new location would need to be located after a reasonable transition period.

Other information

Expansion potential:

Legislative changes affecting pipeline construction and maintenance coupled with increasing consumer demand for natural gas creates long-term prospects for strong, continued growth.

Support & training:

The seller is willing to stay for a reasonable amount of transition time or will enter into an employment agreement with a qualified buyer.

Reasons for selling:

Needs financial management for growth to next level.