This is an established oilfield equipment manufacturer for sale in Texas.
The business specializes in the design, manufacture, refurbishing and repair of equipment broadly utilized within the oil and gas sector. Examples can include fracking pumps, blending machines, and any type of stimulation devices.
The business has been experiencing strong income growth even through an uncertain economy with a CAGR of 28.7% in the period between 2017 to 2019 in adjusted EBITDA. It caters to the repeat customer base of large oil & gas exploration corporations working worldwide. The oilfield equipment manufacturer for sale provides equipment with application in all climate conditions for both on-and off-shore services.
The business operates from a 28,000 square foot facility based in Texas. It is divided into 4,000 square feet of office area, and 24,000 sq. ft. of warehouse area. In total, there are 4 acres at the disposal of the business. The property is available for the purchase or lease under the negotiated terms.
The company could benefit from diversifying its service portfolio to capitalize on the demand for making new equipment. The second opportunity is hiring more mechanics on staff to grow refurbishing and repair services. A purchaser could also fold into larger upstream entities with a purpose to expand into foreign markets the production of in-demand equipment and enter the used equipment market by distributing refurbished products.
There are 3 majority shareholders in the oilfield equipment manufacturing business for sale that are seeking a full exit after a transition period. The 4th is exiting for personal circumstances.
*More offers for sale are available in the category “Equipment manufacturers”.