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Oilfield & Industrial-Tubular Thread Protector Products
| Asking Price: | $7,000,000 | Inventory: | $404,541 ++ |
| Gross Revenue: | $3,250,000 | Real Estate: | n/a |
| Cash Flow: | Not Disclosed | FF&E: | $311,655 ++ |
| ++ included in the asking price ** not included in the asking price | |||
This oilfield and industrial business that supplies retail and wholesale products was founded in 1983. Long term and expanding customer base on a local, regional national and worldwide level that utilize our companies for their special needs in the oilfield, mining and tooling industries that have the ability to retool inexpensively and quickly for new products. The business can be run in a “hands on” manner. 55% of sales revenues stems from manufacture of specialty oilfield tubular thread protectors and sale on a local, regional, national and worldwide market, 35% of sales revenues stems from stocking and selling OCT thread protectors locally, regionally, nationally and worldwide, and the remaining 15% of sales revenues stems from stocking and selling support supplies and equipment locally and regionally. The current owner will stay on through a reasonable transition period to acclimate you to the business, the employees and clientele. Call now for more information about this lucrative business opportunity.
About the Business
Year Established:1983
Employees:20 full time -
Relocatable:Yes
Facilities:There are 3 single level leased buildings totaling 28,000 sq. ft. that were built in 1960 and are in good overall condition. This business is located near a state highway in a high traffic area with good visibility. The business can be relocated.
Market Outlook and Competition:There is very little competition in this area.
About the Sale
Reason For Selling:Retirement
Seller Financing:Some owner financing may be available for the right buyer.
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State: Louisiana
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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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