Distributor Of Oilfield Equipment & Supplies
Location Kansas,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $2083613
Net Profit / Cash Flow $325866
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1983
Number of Employees 4 - 5
Inventory 538866
Relocatable No
Number of Employees 4 - 5
Real Estate Owned
Training 6 months
Reason for Sale Retirement
Description Overview: GPCP is currently representing/marketing a 30 year old company in Central Kansas that is a leading distributor of Oilfield Equipment and Supplies, carrying some of the top product lines in the business (NOV being one). Products include but not limited to wire rope, pumps, valves, hoses, elevators & slips, jet lube compounds, fittings, couplings, and much more. The company is for sale and includes about $500k of real estate. The company has been providing Oilfield Equipment & Services for the Well Servicing, Drilling, and Production segments of the Oil & Gas Industry since 1983. The company "reps" 10 strong brands (master agreements) and then another 90 other vendors in which they have more of a supply/distributor relationship. It's an S-Corp and operates out of one location and supplies/outfits all of Kansas and other states such as OK, CO, NE and ND. The company sits on 5 acres of land and has two buildings - one 7,500 sq ft building and another 1,500 sq ft building.
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