Oil Rig Service Business
Location Oklahoma,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $1200000
Net Profit / Cash Flow $300000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1999
Number of Employees 10 - 19
Inventory 415000
Relocatable Not Disclosed
Number of Employees 10 - 19
Real Estate Owned
Description This profitable business has a great reputation for its service work on oil rigs and operating wells. The business, which could double under an energetic new owner, also hauls away the oil field fluids. Customers in Oklahoma, within a 100-mile radius of the corporate office, hire this company because they know its prices are fair and its workers provide the best service. The workers are punctual, professional and experienced. They do each project right the first time. The company has a high rate of repeat customers and receives numerous referrals.
The business is located in a 3,200-sq-ft building on a county road. The site contains plenty of parking for trucks and equipment, and it is easily accessible from a nearby highway. The business owner is in the process of purchasing the site and would include it in the business sale. It is in a small, friendly community less than 90 minutes from Oklahoma City. The owner might be willing to stay on for up to a year after the business sale to help facilitate a smooth transition.
Established: 1999.
Employees: 9 fulltime, 1 part-time.
Facilities: A 3,200-sq-ft building.
Reason for selling: The owner is retiring.
Contact for more information on this Oil Rig Service business for sale.
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