This business was in wind-down for retirement over the last year. Inventory was brought back in house and the buyer will need to re-start the markets. The owner is fulfilling orders received from customers or suppliers. Production designs, patterns, castings and vendor relationships are ready to go, domestically and overseas. This business manufactures and sells fittings and valve for the oil industry. Production is contracted with factories and machine shops in the USA and abroad. This business is best considered as a ''re-start'' to complement a business with existing lines or for an entrepreneur interested in a uniquely inexpensive market entry into the oilfield products market.
The business is priced at its estimate inventory cost of $500,000 to include all inventory, designs, patterns and castings. This is an excellent oilfield market entry opportunity with a turnkey product line including inventory and established manufacturing capabilities and relationships.