Oil Field Tool Rental & Supply Company
Location Louisiana,United States
Asking Price Range $2.5M - $5.0M
Gross Revenues $3500000
Net Profit / Cash Flow $400000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2003
Number of Employees 10 - 19
Inventory 600000
Relocatable No
Number of Employees 10 - 19
Real Estate Leased
Training Available.
Reason for Sale Personal reasons.
Description This very nice, well established, five year old company generates revenue in 2 major areas. One area is the business of renting high value oil field tools for drilling and workovers. They have a very good inventory here. In the second area they sell and service a variety of unique safety equipment. They have the exclusive rights to sell some of the newest technology safety equipment in the marketplace. Even competitors selling and installing this equipment must buy the equipment from them. Company provides technical support and service countrywide for the equipment they install. This is a very good source of recurring revenue.
Company is located in a large metropolitan city/metro area in South Louisiana. It is in the heart of the oil patch in South Louisiana. This would be an excellent add on for a company already in the oil patch.
Seller has developed some very serious health issues and is highly motivated to sell. Seller is open to substantive offers. Seller will consider seller financing for a qualified buyer with a reasonable down payment. Seller will seriously consider and promptly respond to all reasonable offers. Come see, make offer. Contact for more information on this Oil Field Tool Rental & Supply business for sale.
Click Here To Contact Seller
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