758 Buyers Online Now
Buy Business Sell Business Business Brokers My Account
Photos Website Map
Asking Price$0
Revenue$16,000,000 Established2010
Cash Flow$4,500,000 Employees165 full-time
FF&EUndisclosed* FranchiseNo
InventoryUndisclosed* RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Rapidly growing and highly-profitable oilfield service company is for sale which provides rig and rig site cleaning services. In the pursuit of further growth and profitability, your company may find the following attributes appealing:
• Sales for 2018 are forecast at $19 million with a corresponding EBITDA of $5.6 million. In 2017 they had sales of $15.9 million with an EBITDA of $4.5 million.
• The current owner that runs the operation is willing to stay with the company for 1-3 years after the transactions. There is a middle manager who is being groomed to the run the company that is willing to stay indefinitely.  
• Sales for 2015 was $11.4 million and in 2016 sales dipped to $6 million. In 2016 they maintained their current labor force, which allowed them to have record sales in 2017.
• The Company has multiple strategic locations so that it can provide services to all the major shale fields in the Southwest US.
• Their client base are the premiere Oil and Gas Exploration Production Companies in each region.
• A solid reputation for high quality services, longevity in the marketplace, proven track record, and staunch focus on safety has resulted in excellent customer relationships and a high rate of repeat business.
• The Company has developed some proprietary products and systems that gives them a competitive advantage over their competitors.


Presented by SCA Advisors - Houston; a member of the Sunbelt Network, the largest organization of business brokers and M&A professionals world-wide.  Call Kiril Logvinoff at 281.440.5153 for complete details.
Training/Support:Training will be provided to ensure a smooth transition period.
Seller Financing:Revenue and Cash Flow numbers represent YTD Sept.
Sale Reason:Principals seek to sell the company as part of a planned exit strategy.
Ad #96938
Seller Reference #HOUSTTX001-N1772
The information in this ad has been provided by the business seller or representative stated on this ad. BuyBusiness.com has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness. Please read our Terms of Service before responding to any ad on our website.
Contact This Seller
Kiril Logvinoff
(281) 440-5153
Name
Email Address
Message