Oklahoma Oilfield Acid-Frac Service Business for Sale
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Oklahoma Oilfield Service Acid-Frac Business for Sale. The owner purchased this oilfield service acid-frac company in 2002 from the former owner that started the company in the 60’s. The business was incorporated in 2002 in a LLC Oklahoma Corporation located in Oklahoma. Most of this Oklahoma oilfield service business for sale customers have been with the business for sale since inception and have grown with the company as the oil and gas industry exploded over the past eight years. Their customer base is very well diversified with the largest account being around 25% of their business. There is a management team in place willing to continue with the oilfield service business for sale that is currently running the day to day operations.
In 2010 sales were over 82% from 2009 gross sales and 2011 gross sales are on track to increase by 10% over the 2010 sales. The oilfield service business for sale has been adding to their truck fleet over the past two years and has plans to add another truck to their servicing fleet line to keep up with the growing market and sales. The Oklahoma oilfield service business for sale has an office located on three (3) plus acres that is fenced in Oklahoma, where it stores its frac and acid inventory along with their equipment to handle their clients’ frac and acid requirements. With the addition of new trucks, the company currently has acid pump trucks, acid transports, sand truck, frac trucks, and acid storage tank to service their clients in Oklahoma. The oilfield service business for sale growth can be attributed mainly to their strengths and advantages in the areas of reliability, integrity, quality of work, customer service, timeliness of response, competitive pricing and geographic location.
The addition of equipment and the growth of the workforce to full time employees allows this Oklahoma oilfield service business for sale to capture additional revenue from work by cross training their workforce in both acid and frac applications. Currently, as part of the business for sale inventory, there are spare pumps and parts in stock to minimize any down time that may occur.
This Oklahoma oilfield service business for sale primary business activity consists of 50% acid and 50% frac services in their Oklahoma servicing area. This business for sale is recognized for their well maintained and up to date equipment, knowledgeable employees that have been in the oil industry for years, and a company that is oriented to customer service.
This Oklahoma Oilfield Service business for sale has much to offer a potential purchaser in the areas of stability and potential growth. They are recognized for their good reputation, reliability, strong customer base, good cash flow, and customer service and located in the area’s largest proven gas and oil fields, and they still have growth potential.
Information on this Oklahoma Acid-Frac Oilfield Service Business for Sale:
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APEX Mergers & Acquisitions LLC
W. Brad Troutman