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Listing ID: 3143907

Growing Oilfield Construction & Services Company For Sale

Texas, United States

$ 5,700,000

(Furniture / Fixtures and Inventory / Stock included)

Revenue: $ 5,550,116

Cash Flow: $ 1,414,345

Business Description

Highly profitable oil and gas construction company. Specializing in fencing, metal buildings and water transportation. The company started in West Texas in 2017 and has grown exponentially since it's beginnings.

Property Details

Years Established:

2 Years

FF&E:

$ 980,391

Inventory Value:

$ 100,748

Other Details

Premise Details:

They currently hold a lease through 2020 for a large man camp with 7 RVs.

Competition:

The competition is stiff in West Texas, but this company is able to outbid their competitors by having some of the industries fasted turn-around times. They have been able to accomplish that by having a very diverse and skilled group of employees; cutting down the overall labor costs by being more efficient. Also, it has built a strong reputation throughout the area of quality that is unmatched by any competitor.

Expansion Potential:

Looking into the oil and gas industry's outlook for the next two years it is projected that the United States will continue to push oil production. Since 2018 the industry has moved more into the exportation of oil in contrast to being a main import. Production levels reached a record high at the end of 2018 and the trend has steadily continued. This company has the distinct advantage of being centered in the Permian Basin, in the middle of all this recent oil boom.

Operation Details

Employees:

10 FT/ 0 PT

Trading Hours:

Monday-Friday 7am-5pm

Support & Training:

Will train for 8 Weeks @ no cost. Currently they do not allocate any funds to marketing or advertising. Most connections have been established through the owners networking and building strong relationships with key decision makers.

Miscellaneous

Reason For Selling:

The owner wants a career outside of West Texas.

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