This is an opportunity to buy a service provider to the oil field industry has been in business for more than 140 years.
Overview of this business for sale
During this period a large and loyal client base was built including Fortune 500 companies. This company provides consistent, timely delivery of in-demand services that include vacuum trucks, flowback, hotshots, and pumping.
Current Markets:
The company provides services for oil and gas exploration and production companies located in the Permian Basin.
Real Estate:
The company for sale operates from a facility on a seven-acre property in Texas. The buildings are owned by the company and include an office area, a shop, and a storage yard. The business has a huge potential for growth and expansion in the current location.
Growth Potential:
There is ample room for growth which can be achieved with the following strategies:
- Synergistic and strategic oil and gas addition
- Further capital investment in additional equipment to expand service offerings
- Primed for expansion to serve other key oil production areas and other large oil and gas producers
Shareholder Objectives:
Currently, the company is run by 2 owners. One of them is seeking a full exit of the business while the other is willing to stay with the company for a time after a purchase to provide a smooth transition.
