Petroleum Engineering and Well Supervision

| Asking Price: | $7,900,000 | Inventory: | ** |
| Gross Revenue: | $9,000,000 (comments below) | Real Estate: | n/a ** |
| Cash Flow: | $1,500,000 (comments below) | FF&E: | n/a ** |
| ++ included in the asking price ** not included in the asking price | |||
| Gross Revenue Comments: Estimated 2008 revenues | |||
| Cash Flow Comments: 2008 projected EBIT | |||
Successful and growing firm operating in Southern US. Owner seeks a transition strategy with substantial sale now. Is willing to hold a minority share until his retirement. Seeking interested parties for bid process.
About the Business
Year Established:1986
Employees:9 full time - 35 part time
Relocatable:Yes
Facilities:Leased offices in high rise.
Market Outlook and Competition:Unique model allows very low overhead, superb margins.
About the Sale
Management Training and Support:Owner seeing to retire within 5 years. Will transition.
Reason For Selling:Retirement
Seller Financing:Some possible for right buyer
KEYWORDS: oil, gas, wells, drilling, petroleum, engineering
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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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