#10959 Oilfield Service Water Tank Truck SOLD
Buy a Oklahoma Oilfield Service Water Tank Truck Business for Sale
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Real Estate: owned and can be included in the sale or leased
If you are looking to buy a business, this Oklahoma Oilfield Service Tank Truck Business for Sale was formed in 1992 and began the Oklahoma oilfield service operations with one truck and one employee. The Oklahoma oilfield service business for sale was incorporated in 2003 and in 2009 the business for sale formed a division in North Central Pennsylvania to take advantage of the enormous Marcellus shale play, and expanded in 2011 into Ohio and Northern Oklahoma. Most of this 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. There is a management team in place willing to continue with this business for sale.
In 2004, sales doubled to $1.6 million. In 2005, the Oklahoma oilfield service business for sale began adding to and replacing trucks and equipment to keep up with the growing market as sales reached $2.7 million. Within twenty-four months, sales again virtually doubled to $4.9 million and by the end of 2008 had gross sales of $7.8 million, for 2009 groos sales were $7,576,227 and for 2010 total gross sales were $12.8 million and grew 44% in 2011 to over $18.5million. The Oklahoma oilfield service business for sale growth can be attributed mainly to their strengths and advantages in the areas of reliability, integrity, quality of work, timeliness of response, competitive pricing and geographic location.
The 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, salt water disposal wells located in the area’s largest gas field and growth potential.
The Oklahoma oilfield service business for sale also has sufficient physical room for growth in all four of their locations, there is significant opportunity for growth of the business by adding sales personnel, expanding into other servicing areas, investing in additional equipment and opening additional service lines such as rental tools. If you are looking to buy a business that is in the oilfield service business industry with strong cash flow and still has room for growth this is the business to buy.
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W. Brad Troutman