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Hot Oil Service-Oilfield
| Asking Price: | Not Disclosed | Inventory: | |
| Gross Revenue: | Not Disclosed (comments below) | Real Estate: | n/a |
| Cash Flow: | Not Disclosed (comments below) | FF&E: | n/a |
| ++ included in the asking price ** not included in the asking price | |||
| Gross Revenue Comments: Owner will provide | |||
| Cash Flow Comments: Owner will provide | |||
This “For Sale by Owner” hot oil servicing company was established in 2004 and has built an excellent reputation. Hot oiling well and servicing them on rig jobs generates 40% of total revenues. Another 40% of revenues is generated from heating and treating oil in stock tanks after it comes from the well. The remaining revenues stem from heating Frac water for Frac jobs on new wells during the winter. This retail business is open 24/7 and can be run in an absentee manner. There are currently 3 full time employees and a management team is in place that is willing to stay on after the sale. There are no special licensing requirements to operate this business and the current owner agrees to stay through a reasonable transition period. This is a very competitive market and there are service contracts in place that will go with the business. To learn more about this business opportunity, contact one of our representatives today!
About the Business
Year Established:2004
Facilities:This owned, 5,000 square foot facility is available for lease to the buyer. Situated on approximately 1 acre of land, there is room for expansion at the current site. This business could also be relocated by the new owner. The structure is in good overall condition and has city street frontage.
Market Outlook and Competition:It is very competitive in the area Growth and expansion can be obtained through replacing some of the equipment. Expanding the frac heater base would also help grow the business.
About the Sale
Reason For Selling:Other Interests
Seller Financing:there is no owner financing available
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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