Oilfield rental company that serves the Permian Basin in West Texas and New Mexico. Company has been in business for over 16 years. The company specializes in renting manlifts, forklifts, light towers, trash trailers and porta-johns. 35 MSA’s in place including some of the larger operators in the Permian. A focus on customer service is the strength of the company – excellent reputation for responsiveness and quick turnaround. Strong workforce – Field Supervisor has been with the company for 8 years. Extensive list of equipment owned by the company including over 100 light towers, over 100 porta-johns, 18 forklifts, 13 manlifts, and several vehicles and trailers to move and service the rental equipment. Company owns a 3-acre yard with a new 1200SF office/shop that has just been constructed and equipped. Option for buyer to either buy or lease the property. Great opportunity to acquire an established platform to facilitate the expansion of services in one of the most active oil and gas fields in the US.
Seller's Discretionary Earnings: $1,787,153 Proforma
