Oilfield Maintenance and Construction Company in Texas For Sale
Listing: # 8289
Price: $
Location: Texas
Listing Profile
| Classification: |
Service Business |
| Purchase Price: | $ |
| Real Estate Price: | $ |
| Working Capital: | $0 |
| Total Investment: | $ |
| Down Payment Required: | $0 |
| Gross Revenue: | $30,308,328 |
| Discretionary Earnings: | $4,375,858 |
| Imputed Rent: | $0 |
| Total Cash Flow: | $0 |
Description and Operations
| Established Date: | 2004 |
| Monthly Rent: | $12,500 |
| Reason for Sale: | Owner is focused on running and growing another company he owms. |
| Employees(Full): | 162 |
| Employees(P/T): | 0 |
Reason for Sale:
Owner is focused on running and growing another company he owms.
Description:
This premier oil field service company is located in the heart of the Eagle Ford Shale producing area that covers 27 counties in South Texas. Established in 2004, the company has extensive experience and a vast knowledge base of the operations, the challenges, the logistics and the operators across the region. The company offers a broad array of services in construction, maintenance and trucking including facilities construction, pipeline construction, lease maintenance crews, pipeline pigging, hot oil trucks, vacuum trucks and oilfield hauling. The company has MSA’s with over 100 operators located across the Eagle Ford, west to the Permian Basin, south to Corpus Christi and east to Victoria. The 148 seasoned and skilled employees are primarily from the local area and do not require per diem pay which is an advantage for the company in bid situations. All employees go through extensive and continuous training and safety programs. Equipment is in excellent condition and is well-maintained. Most revenue is currently generated from stable, ongoing production-related work but the construction side can be quickly ramped up as drilling activity increases.
Contact Marcia Bowron