Oil field services & drilling (ID: 1077660)

FINANCIAL DETAILS
Asking Price: $750,000
Gross Revenue: $600,000
Cash Flow: $80,000
Inventory: $100,000 ++
Real Estate: n/a
FF&E: n/a ++
Business Listed by Jason HullenderIAGView All of My Listings
Listing Tools
Oil field services & drilling
Contact Business Seller All fields are required
Yes, I would like to receive the BizQuest Buyer's Newsletter. Yes, I would like to receive a daily email summary of new Chemicals listings.

Business Description

Heard of black Texas tea? Well, that's oil in Texas! This VERY profitable oil field services business has been around since 1974 and owned by the current owner since "76". A current issue of The Oil & Gas Journal predicts an increase in all major sources of energy. Here is your chance to jump on this business and grow it to it's potential. The current owner would like to retire and spend the remaining years of his life relaxing. "CALL TODAY", you don't want to let this one slip away.

Products and Services Offered

100% of this business's primary business activity is: Oil field services, such as logging Oil Well drilling for wells to see if their is possible oil there. They also monitor the mud stream samples and let the clients know when they hit oil.

All inventory, equipment and vehicles are included in asking price. This includes the 4 vehicles and 8 trailers w/ necessary equipment.

About the Business

Year Established: 1974
Number of Employees: 12
Relocatable: Yes

Facilities: The building is an office building. Located 1/2 a block a way is a storage building with room for trailer parking, supplies and a working area.

Market Outlook/Competition: The business owner bought this business in 1976 and has developed a good reputation that has spanned for over 35 years. They have Experience! they have a high level of experience and know how to go along with their attention to detail, fair pricing and customer service! Expanding into other areas and getting more oil exploration sites would enhance the profits for a new owner.

About the Sale

Training/Support: Owner is willing to remain for reasonable transitioning period but wishes to retire. Staff will most likely stay.

Attached Files - Attachment Disclaimer

  • 0 Buyer NDA 2012.pdf (310.99 KB)
  • Download

LISTING KEYWORDS: oil, field, drilling, services, texas,

Contact Seller
Sell Your Business This listing has been viewed 1486 times
Other Chemicals Businesses for Sale

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 our full Terms & Conditions here.

advertisement