Oil Field Rig & Crew Rental
Location New Mexico,United States
Asking Price Range $5.0M - $10.0M
Gross Revenues $2888652
Net Profit / Cash Flow $1401323
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2005
Number of Employees 20 - 34
Relocatable Not Disclosed
Number of Employees 20 - 34
Real Estate Owned
Description This small, well-run business rents rigs and operators to the oil companies in the area to drill oil wells. Located in one the busiest oil patches in the country, this company stays very busy. The equipment is in excellent condition, making this a turnkey operation. Total assets include $10,000 of inventory and $3,390,000 of equipment, vehicles, fixtures and furnishings. Priced at $6,995,000. Located in Southeastern New Mexico. Ask for portfolio number 0390.
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