Oil&Gas Field Equip Distribution&Machine Shop
Location: Midwest
Industry: Wholesale and Distribution > Wholesale and Distributors
Financials
Asking Price: $20,000,000
Gross Revenue: $29,535,959
Cash Flow: $5,356,873
Inventory: $7,752,134 (Included in Asking Price)
FF&E: $1,783,955 (Included in Asking Price)
Business Summary
The company is essentially a supplier of components and equipment used to build, remediate, and upgrade oil and natural gas infrastructure including wells and pipelines. Operating out of multiple Midwestern locations, this company supplies, fabricates, welds and repairs all of the equipment and parts required to build and maintain oil and natural gas wells. This includes pipes, casings, tubing, rods, pumping units, fittings, valves, poly goods (tanks/pipes), customized/refurbished pumping systems, pumping components, and other miscellaneous parts. Thus, the company is both a value-added distributor and machine shop. This company is in a great position to capitalize on many new avenues of growth in the Natural Gas and Oil industries, and has already begun to do so.
About the Business
Year Established: 1950
Employees: 45 full time -
Facilities: 15000 sq ft stand alone building
Market Outlook and Competition: Because companies in the Oil field Supply and Services business are usually geographically concentrated, this company has only moderate competition in their region served, with more than 75% market share.
About the Sale
Management Training and Support: The owners are willing to stay on to assist in a successful ownership transition.
Reason For Selling: retirement

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Listing Tools
BizQuest ID:921448
Seller ID:04-16DL
Business Listed By
Name:D. Curtis
Company:ABMI- Mergers & Acquisitions
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