Manufacturer –Threading Services for Oil Field and Water Well Pipe Business For Sale in East Texas, Texas

Manufacturer –Threading Services for Oil Field and Water Well Pipe

Asking Price:	Not Disclosed	Inventory:	$50,000 ++
Gross Revenue:	$6,887,000 (comments below)	Real Estate:	$2,330,000 ++
Cash Flow:	$1,939,000 (comments below)	FF&E:	$1,661,000 ++
++ included in the asking price not** included in the asking price
Gross Revenue Comments: Trailing 12 Mo
Cash Flow Comments: EBITDA Trailing 12 Mo.

Independent provider of threading services for the oil country tubular goods (OCTG) and the water well drilling industries with ISO 9001:2000 certification.

About the Business

Year Established:1992

Employees:38 full time -

Facilities:Five production buildings and one office building located on 61.5 acres of land, with room for expansion. Includes five (5) CNC machines and all ancillary equipment to support the operation at its current level of production.

Market Outlook and Competition:The company is recognized for its superior customer service and quality threading, which is done in accordance with ISO 9001:2000, which meets and exceeds American Petroleum Institute (API) standards, an organization that issues standards for the oil and gas industry in the United States. The company has identified numerous areas of growth, including increasing its penetration into the water well market.

About the Sale

Management Training and Support:Negotiable

Reason For Selling:Retirement

Seller Financing:None

KEYWORDS: OCTG, Water Well, manufacturing, oil fileld, end finishing, threading, profitable

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Business Listed By
Lawrence Schumann, CBI, M&AMI, Managing Director \| Corporate Investment View All of My Listings


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