Critical Oil Field Services—Downhole Scanning and Pressure Testing

Asking PriceNot Disclosed

Cash Flow
Not Disclosed

EBITDA$500,000

Gross Revenue$2,000,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

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Critical Oil Field Services—Downhole Scanning and Pressure Testing


Asking PriceNot Disclosed

Cash Flow
Not Disclosed

EBITDA$500,000

Gross Revenue$2,000,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
The Company is an oil field service company that specializes in both scanning and pressure testing tubular products downhole. Operating from a productive and growing basin, the Company serves energy companies through automatically renewing MSAs, as well as project-specific work, and boasts a 100% rate of repeat business. Management indicates the Company is frequently asked to expand its services to other locations.

INVESTMENT APPEAL

• Superior Name and Reputation: The Company is well established in its regional oil market. It has an excellent reputation, a great safety record, superior technology, a large base of satisfied clients, and a very high rate of repeat and referral business.

• Strong Client Relationships with Blue-Chip Customers: The Company has a long and impressive client base, including some of the top oil producers in the area. Many relationships are under automatically renewing MSAs that date back over a decade.

• Large Fixed Asset Base: Management estimates the Company’s fixed asset base, composed primarily of testing units, at $3.8 million.

• Documented Systems and Procedures: The Company has documented systems and procedures in place to support optimal performance and field safety.
Listing Info
ID
2206928
Listing Views
271

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Business Listed by: Tony Brock Generational Group, LLC

Listing ID: 2206928 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. See our full Terms of Use. Learn how to avoid scams.