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Listed by:

PMJ Productions

Oilfield Services, Trucking, Equipment Rental Company Northeast Pa For Sale

Northeastern Pennsylvania, Pennsylvania, US
Asking Price:
$7,350,000 Furniture / Fixtures included
Sales Revenue:
$3,370,000
Cash Flow:
$870,000

Founded in 1981, this Oilfield services company primarily serves as an equipment rental company to a major natural gas and energy company pursuant to a Master Services Agreement (MSA). The company also transports and hauls everything necessary, except anything qualifying as “permitted heavy hauling.” The company does not transport water, as water is typically piped on site.

The primary services provided pursuant to the MSA are:
-Roustabouts
-Telehandlers
-Fuel Trailer/Hot Shots
-Fueling
-Plowing/Cindering (seasonal)
-Trucking/Winch Trucks

Property Information

Location:

The business is located in Northeastern PA and is easily relocatable.

Premises Details:

The real estate is not included in the sale.

Business Operation

Expansion Potential:

The primary customer is a significant player in the energy industry.

Competition / Market:

It is increasingly difficult to secure a Master Services Agreement in this industry and geography.

Reasons for selling:

Retirement

Trading hours:

Office Hours 9am-5pm with Oilfield Services 24/7.

Employees:
13
Years established:
43

Other Information

Support & training:

The owners are available for a period of paid consulting for 6-12 months following the sale. The Operations Manager runs the day-to-day operations and would like to remain with the new owner.

Financing available:

None

Furniture / Fixtures value:
$3,000,000 - included in the asking price
Relocatable:
This business can be relocated.