Oil Field Services & Drilling
Location Texas,United States
Asking Price Range $500K - $1.0M
Gross Revenues $600000
Net Profit / Cash Flow $80000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1974
Number of Employees 10 - 19
Inventory All inclusive. 150k
Relocatable Yes
Number of Employees 10 - 19
Real Estate Leased
Training Will remain for transition period.
Reason for Sale Retirement.
Description Heard of black Texas tea? Well, that's oil in Texas! This VERY profitable oil field services business for sale has been around since 1974 and owned by the current owner since ''76''. A current issue of The Oil & Gas Journal predicts an increase in all major sources of energy. Here is your chance to jump on this business and grow it to it's potential. The current owner would like to retire and spend the remaining years of his life relaxing. Contact today, you don't want to let this one slip away.
100% of this business's primary business activity is: Oil field services, such as logging oil well drilling for wells to see if their is possible oil there. They also monitor the mud stream samples and let the clients know when they hit oil.
The business owner bought this business in 1976 and has developed a good reputation that has spanned for over 35 years. They have Experience! they have a high level of experience and know how to go along with their attention to detail, fair pricing and customer service!
The building is a 750 SF Leased office building. Located 1/2 a block a way is a storage building with room for trailer parking, supplies and a working area.
All inventory, equipment and vehicles are included in asking price. This includes the 4 vehicles and 8 trailers w/ necassary equipment.
% of Cash Sales 100.00 %,
% of Repeat Customers 95.00 %,
% of Referral Customers 50.00 %,
Expanding into other areas and getting more oil exploration sites would enhance the profits for a new owner.
Asking $2 million
Click Here To Contact Seller
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