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Pipeline Services Company For Sale
Location Ohio,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $2300000
Net Profit / Cash Flow $471450
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2003
Number of Employees 6 - 9
Inventory 668710
Relocatable Not Disclosed
Number of Employees 6 - 9
Real Estate Leased
Training Negotiable.
Reason for Sale To pursue other business interests.
Description Since inception, the Company's focus has been oil and gas pipeline installation, well hook-up and repair work, primarily in Ohio. The Company works with a local oil & gas provider, servicing a large regional gas transportation utility. Until recently, the Company has chosen not to aggressively grow. With the recent Utica Shale surge in Ohio, the Company has positioned itself to grow substantially. The owner's extensive oil & gas industry experience, along with the Company being an established business and service provider, has enabled it to get involved in Utica on the ground floor. It has been successful in expanding both its sales and number of customers, including services to a large national and three large regional oil & gas producers. The Company's opportunities for significant growth are vast. The owner would be interested in staying on with the company, for a few years, to continue with this business development.
Leases space for equipment storage.
Although competition exists, the surge in Ohio's Utica Shale play has created ample work for everyone. This company's entrance in the early stages along with its reputation for quality work and mobility, has given it a distinct advantage.
Growth/Expansion:
With a modest influx of capital to expand the workforce and acquire a few pieces of equipment, the company is in a position to benefit from significant growth.
Seller Financing: Negotiable
Asking Price: $1,500,000.00
Click Here To Contact Seller
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