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Advert Ref: 2032

South Texas Oilfield And Utility Service Company For Sale

  • Coastal Bend Area, Texas
Asking price:
$4,900,000
Sales revenue:
$2,950,000
Net profit:
$925,000


South Texas Oilfield and Utility Service Company For Sale.
Horizontal Boring.
Directional Drilling.
South Texas Location.
Established for 5 years.
Asking price $4.9M
Sellers have over 30 years experience in the industry.
Sellers will be available for up to 2 years for transition.
Reason for sale - Retirement.
15 Employees.
No Customer Concentration.
2018 (9 Months Jan-Sept), Revenues $2.4M, Cash Flow $800K.
TTM Revenues $2.95M, Cash Flow $925K.

Real estate:
Leasehold

Reasons for selling:
Retirement.
Employees:
15
Years established:
5

Support & training:
Seller will be available for up to 2 year transition period.
Furniture / Fixtures value:
Undisclosed
Inventory / Stock value:
Undisclosed

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