MergerPlace

Oilfield Construction, Svc. & Trucking

Wyoming


  • Asking Price: $3,000,000
  • Gross Income: $1,895,942
  • Cash Flow: $342,339
  • Real Estate: $450,000
  • Inventory: $25,000
  • FF&E: $1,824,000
  • Listing ID: #200973
  • Established: 1975
  • Employees: 12 FT

Business Description

Oilfield support, construction maintenance and trucking. This is a combination of two companies. The companies specialize in all types of oilfield support and have the necessary equipment for all tasks. Owners have been involved with all aspects of the oilfield business.


Business Details

Primary Business Category: Contractors - Special Trade
Location: Wyoming

Company Information

Year Established: 1975
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 12 FT

Financial Information

Asking Price: $3,000,000
Gross Revenue: $1,895,942
Cash Flow: $342,339
FF&E: $1,824,000
Inventory: $25,000
Real Estate: $450,000
Seller Financing Available: No

Property Information

Facilities:

The business is housed in a modern well insulated steel building (60'X100') with three tall overhead bay doors to service semi-tractors. Maintenance shop, parts and tool storage, office space and washout area for the trucks. The Selling Price of the Building ($450k), is included with the sale of the Business. Yard is approximately 4.7 acres. The Yard is not owned by the seller and has a separate lease agreement through the state at $172 a month.

Growth & expansion opportunities:

Company is situated and ready to grow with the next boom in the oil and gas industry.

Competition:

No immediate competition in the area. Company service area is about 100 miles from home base. Company is situated in the middle of a deep oil field that has been targeted for and will be ideal for enhanced recovery. CO2 pipeline was built to service the field pending stabilization of oil prices.

Reason for selling:

Owners are ready to retire.

Support & Training:

Will train for 4 weeks @ no cost. The Company offers all services needed for construction, maintenance trucking and oil field service. The only thing that the company does not offer is hauling crude. Company maintains Master Service Agreements (MSA's) with all of their customers. Regular training and safety classes. Truck drivers must maintain CDL. Clean DOT numbers as well as current safety profiles with IS Networld and PEC Premium.

Contact Business Seller

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Business Listed By:

Joe MacGuire

Murphy Business Brokers