Profitable Oilfield-Service Business for sale

This business for sale located in Colorado has been operating for over ten years servicing multiple clients from the oil and gas industry. Due to their excellent reputation, they do not use advertising, however, sales and profits continue to grow at a controlled pace.

History overview of this business for sale:

The owner built the business organically from a single track and a rented backhoe, to what it represents now. The company is proud to have experienced and well-trained staff that is capable to deal with projects of any complexity.

Key points of this oilfield-service business for sale:

• Framework agreements with all customers;
• The client base includes Fortune 500 exploration & production companies;
• Little to no money tied up in on-hand inventory;
• Seventy-five – eighty percent of their work is on a T&M basis;
• High barriers to entry for new competitors

This oilfield-service business for sale provides the following services for oil and gas exploration and production(E&P) companies: well-site construction, roustabout, O&G contract pumping, O&G well pressure testing, well-site supervision and telemetry hardware installation and retrofits to name a few.

The new Oil and Gas regulations have increased demand for services that vary from cutting inroads to decommissioning wells so this business has extensive potential for growth.

If you are interested in this opportunity, please contact us.