Oilfield Rental Company in Permian Basin For Sale
Listing: # 8303
Price: $ Buyer to Make Offer
Location: Texas
Listing Profile
| Classification: |
Service Business |
| Purchase Price: | $ Buyer to Make Offer |
| Real Estate Price: | $ |
| Working Capital: | $ |
| Total Investment: | $ |
| Down Payment Required: | $ |
| Gross Revenue: | $7,077,914 |
| Discretionary Earnings: | $2,196,090 |
| Imputed Rent: | $ |
| Total Cash Flow: | $ |
Description and Operations
| Established Date: | 2006 |
| Monthly Rent: | $ |
| Reason for Sale: | Area of operations is too far from Owner's home. |
| Employees(Full): | 9 |
| Employees(P/T): | 2 |
Reason for Sale:
Area of operations is too far from Owner's home.
Description:
Oilfield rental company that serves the Permian Basin in West Texas and New Mexico. Company has been in business for over 16 years. The company specializes in renting manlifts, forklifts, light towers, trash trailers and porta-johns. 35 MSA’s in place including some of the larger operators in the Permian. A focus on customer service is the strength of the company – excellent reputation for responsiveness and quick turnaround. Strong workforce – Field Supervisor has been with the company for 8 years. Extensive list of equipment owned by the company including over 100 light towers, over 100 porta-johns, 18 forklifts, 13 manlifts, and several vehicles and trailers to move and service the rental equipment. Company owns a 3-acre yard with a new 1200SF office/shop that has just been constructed and equipped. Option for buyer to either buy or lease the property. Great opportunity to acquire an established platform to facilitate the expansion of services in one of the most active oil and gas fields in the US.
Contact Frank Stabler