Wholesale oilfield supplies distributor
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This company is a wholesale distributor of oilfield supplies to oil and gas well customers in Texas, Oklahoma and New Mexico. Product offerings include Netting, Seating Cups, Cone Packing, Composition Rings, Pressure Actuated Rings, Fluid Seal Packing and many other oilfield products.
The owner started the business in 2001 and has operated it in west Texas for 25 years. He manages the financial and inventory aspects of the business. The GM/COO is a minority shareholder who manages daily operations. The COO is desirous of staying on after the sale if desired by the Buyer.
The company enjoys a deep, long-term customer base with frequent repeat orders. Revenue and net income are up and steady the last several years through year-to-date 2026.
The company operates from a 28,000 sq. ft. warehouse on three acres in west Texas that is centrally located to most of the customer base. Two salespeople manage the sales to new and existing customers, and three commission-only independent sales reps are positioned in Texas, Oklahoma and New Mexico.
The Owner is ready to retire but will agree to remain onboard for a transition period to ensure a successful transition to a new owner. The COO/GM knows the business very well and will remain in his current position or one of elevated responsibility if the buyer desires.
The BUSINESS PRICE is $15,900,000 including $4m+/- inventory. No other working capital or A/R offered. The Business Tax Returns and P&Ls are very clean, accurate and reflect each other.
The REAL ESTATE price is $2,900,000. It is 28,000 sq. ft. on multiple adjacent legal lots that total 3.1 acres. There is 26,000 sq. ft. of warehouse space and 2,000 sq. ft. of office space.
Alternatively, the Seller will lease the property for $13,000 per month + taxes and insurance.
TERMS:
*Cash-free/Debt-free Asset Sale.
*100% equity sale, no equity retention. Earnouts or holdbacks will not be considered.
*Working capital is provided through the inventory only. A/R not included.
*Evidence of funds available to transact is required prior to providing confidential financial data.
*Principals Only. Inquiries from 3rd party searchers, admins or other non-qualified persons will not be responded to. No phone calls please. We cannot discuss the company or provide financial information without a signed NDA and financial statement on file. Please email us for an NDA and financial statement to be completed and returned for further information.
The owner started the business in 2001 and has operated it in west Texas for 25 years. He manages the financial and inventory aspects of the business. The GM/COO is a minority shareholder who manages daily operations. The COO is desirous of staying on after the sale if desired by the Buyer.
The company enjoys a deep, long-term customer base with frequent repeat orders. Revenue and net income are up and steady the last several years through year-to-date 2026.
The company operates from a 28,000 sq. ft. warehouse on three acres in west Texas that is centrally located to most of the customer base. Two salespeople manage the sales to new and existing customers, and three commission-only independent sales reps are positioned in Texas, Oklahoma and New Mexico.
The Owner is ready to retire but will agree to remain onboard for a transition period to ensure a successful transition to a new owner. The COO/GM knows the business very well and will remain in his current position or one of elevated responsibility if the buyer desires.
The BUSINESS PRICE is $15,900,000 including $4m+/- inventory. No other working capital or A/R offered. The Business Tax Returns and P&Ls are very clean, accurate and reflect each other.
The REAL ESTATE price is $2,900,000. It is 28,000 sq. ft. on multiple adjacent legal lots that total 3.1 acres. There is 26,000 sq. ft. of warehouse space and 2,000 sq. ft. of office space.
Alternatively, the Seller will lease the property for $13,000 per month + taxes and insurance.
TERMS:
*Cash-free/Debt-free Asset Sale.
*100% equity sale, no equity retention. Earnouts or holdbacks will not be considered.
*Working capital is provided through the inventory only. A/R not included.
*Evidence of funds available to transact is required prior to providing confidential financial data.
*Principals Only. Inquiries from 3rd party searchers, admins or other non-qualified persons will not be responded to. No phone calls please. We cannot discuss the company or provide financial information without a signed NDA and financial statement on file. Please email us for an NDA and financial statement to be completed and returned for further information.
About the Business
- Years in Operation
- 25
- Employees
- 9 Full-time
Very knowledgeable, long-term staff in place. - Facilities & Assets
- Two buildings that total 28,000 sq. ft on 3.2 acres.
- Opportunities for Growth
- There is significant growth opportunity by expanding into petroleum producing states not being served such as Colorado, North Dakota, Alaska and California.
Real Estate
- Owned or Leased
- Owned
- Not included in asking price
- Building Sq. Ft.
- 28,000
About the Sale
- Seller Motivation
- Owner is retiring.
- Transition Support
- Seller will remain onboard for any period of time to ensure a successful transition and training. Current COO will remain permanently if allowed.
Listing Info
- ID
- 2482324
- Listing Views
Listing ID: 2482324 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.
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