MergerPlace

Unique Oilfield Services Company

Louisiana


  • Asking Price: $3,500,000
  • Gross Income: $1,373,105
  • Cash Flow: $1,071,005
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $650,000
  • Listing ID: #220018
  • Established: 1997
  • Employees: 4 FT

Business Description

This Oilfield Service Company is located in the Haynesville Shale and provides a very Unique service to the Gas Fracking Industry. They Setup, Test and provide required maintenance to Frack Stacks using specialized equipment necessary to keep the wells operating safely.


Business Details

Primary Business Category: Services - Other Services
Location: Louisiana

Company Information

Year Established: 1997
Home Based: Yes
Franchise: No
Relocatable: No
Number of Employees: 4 FT

Financial Information

Asking Price: $3,500,000
Gross Revenue: $1,373,105
Cash Flow: $1,071,005
FF&E: $650,000
Seller Financing Available: No

Property Information

Facilities:

Approximately 3500 sq. ft building with offices along with bedrooms and a bathroom with a shower at approximately 1500 sq. ft. The warehouse has about 2000 sq ft with garage doors for access from vehicles. Available in addition to business at $300,000.

Growth & expansion opportunities:

This company is made up mostly of repeat business with Oil companies they have worked for many years. They don’t do any marketing outside of the word of mouth and repeat business they currently have. There is plenty of new business in the area to grow the company and you can google the following article from November 2019 that explains the future of the Haynesville Shale development. Haynesville Shale expected to play crucial role in meeting future natural gas demand.

Competition:

While there are other businesses that provide the same services, they don’t cross paths that often. The owner couldn’t think of very many competitors in the area when asked.

Reason for selling:

The seller has been in the business for over 20 years and is in a position to make a change both financially and career wise. He owns property and plans to do more with other interests.

Support & Training:

Will train for 4 weeks @ no cost Sales, Marketing, Planning and Management. They could know or not know the business and still be able to run this with a good business knowledge.

Contact Business Seller

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Business Listed By:

Jon Peters

Murphy Business Brokers