Oilfield Service Tool Rental Business for Sale #12010
Founded in 1983 this Oilfield Service Rental Tool Business for Sale is a S Corp is based in the Midwest, this Company is one of the leading oil tool rental businesses. Real Estate owned and the location services some of the largest oil and gas fields in the region, this highly profitable Company has experienced exceptional annual revenue growth of more than 63% since 2010, with its 2012 adjusted EBITDA margin exceeding 50% with clean financials.
Driving its revenue growth is its large, diversified and sustained large customer base. The oilfield service rental tool business for sale is able to leverage its relationships with customers to additional revenue streams as it continues its remarkable growth.
Specifically, the Company has executed significant revenue growth over the past four years, posting 58% revenue growth from $2.17 million in 2010 to a December 2013 ending of over $4. million. With such impressive revenue growth, the Company has experienced explosive adjusted EBITDA growth, with December 2013 ending EBITDA of $2.4 million, representing nearly 250+% growth over 2010.
Known for its reliability, integrity, quality of work, timeliness of response, competitive pricing and geographic location, the Company is considered the leader in the region with a reputation for first class service. In addition, valued at $2.3 million, the Company’s assets, equipment, including, rental tools, are current and well maintained with a servicing yard, adding to its ability to consistently deliver for customers. The oilfield service tool rental business for sale their current equipment list can be provided upon request.
The Company’s headquarters, with its office and yard, is owned by the Company and can be included with the sale or leased with option to buy. The combined office and shop is approximately 11,000 square feet. with a gravel packed storage yard included in the sale.
Despite its significant growth to date, this oilfield tool rental company for sale offers great opportunity for further growth by expanding its territory, adding personnel and offering additional service lines, as the area’s gas and oil fields have significant growth potential. The Company also believes that there is a need for additional equipment in the area and, if proper investment is made, rental income could be increased significantly.
The Company has enjoyed low-employee turnover, most of who have significant tenure with the Company. In addition, the management team is willing to continue with the growth of this Company.
Seller financing may be available to a qualified Buyer
Looking for a Buyout or Recap
For more information on this Oilfield Rental Tool acquisition opportunity:
Contact: W. Brad Troutman
APEX Mergers & Acquisitions LLC