Well-established and catering to several U.S. states, this leading provider offers a comprehensive suite of oil & gas wireline services for government contracts and more!
Quality-focused Services: open hole plug & perforating, surveying, pipe recovery, crane services, and pressure control.
Vendor Exclusivity in the Rocky Mountain Range.
SDE Margins of 18.5%, Sales for 2024 projected at $8.1 Million!
2023 Revenues $7.6 Million, $1.3M Discretionary Earnings!
Experienced management teams!
Ownership offers cross-training and consultation for streamlined operations and available for transitioning after the sale.
Several marketing channels leveraged: internet ads, print media, online presence (social media & website), steady verbal referrals
Strategically designed for its industrial services, a 3,200 square foot facility features offices, shop space, and ample storage.
Long-term supplier relationships and nationwide government contracts for surveying!
Many growth avenues still available!
- Asking Price:
- $8,500,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $7,600,000
- Cash Flow:
- $1,300,000
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Can hold a monthly tenancy of $7,500.
- Location:
-
Property can be purchased separately for $750,000.
- Size in square feet:
- 3,200+/-
Business Operation
- Reasons for selling:
-
Approaching retirement and/or pursuing other interests.
- Trading hours:
-
9AM - 4PM Daily & 24 / 7 availability for fieldwork.
- Employees:
- 31 nonunion.
- Years established:
- 2010
Other Information
- Support & training:
-
Cross-training and consultation for streamlined operations is available for a transitioning period after the sale.
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
Standard SBA-term financing will be negotiable for qualified buyers.
- Furniture / Fixtures value:
- $3,612,326 - included in the asking price
- Inventory / Stock value:
- $1,850,000 - included in the asking price
