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If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

Businesses For Sale   >>   Louisiana Businesses For Sale Categories   >>   

Oil Field Fishing & Rental Tools - $4, 500, 000 Sales

Location  Louisiana,United States
Asking Price Range  $20.0M - $35.0M
Gross Revenues  $6500000
Net Profit / Cash Flow  $1200000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1961
Number of Employees  20 - 34
Inventory  20000000
Relocatable  No
Number of Employees  20 - 34
Real Estate  Owned
Training  Seller will thoroughly train new owner in operatio
Reason for Sale  Retirement
Description  This company is about 45 years old and is the regional industry leader in the oil field fishing and tool rental business. The company has an owner that is ready to retire. The company is full service and has a niche in providing those hard to find items. There are multiple locations strategically located throughout South Louisiana. The real estate for these locations has a combined 33 acres +/- of commercial land total, and 50,400 square feet +/- of building space. All of which are included in the sale. The company has an extensive inventory and furniture, fixtures, and equipment. The owner is willing to sell the company for the value of the assets, if not a little less. The seller is highly motivated to sell the company and will consider some possible seller financing. This is an excellent buy for the serious company looking to expand in the industry. Come see, you will be impressed.
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