#10818 Oilfield Flowback Testing and Rental Company
Real Estate not included in sale:
This Oilfield Service Company For Sale is a flowback production testing company located in the Midwest. This Company employs 14 full time employee’s to fulfill their clients’ needs, servicing a 70 mile radius from their corporate office. Corporate office is leased and sets on appx one acre, the office and shop is metal building construction and has another storage facility located on premises. The business was founded in 2010 and is a LLC corporation. The majority of Company customers has been with them since inception and has grown with the company. There is a management team in place that is willing to continue with the business, and the Owner would stay on through a transition period if needed. This company has much to offer a potential purchaser in the areas of stability and potential growth. They are recognized for a great reputation, reliability, loyal customer base, quality service, good equipment, and excellent cash flow. Their servicing area is in the largest gas and oil fields. There is still room for growth by adding sales personnel and adding additional equipment or oilfield related services. This Companies growth can be attributed mainly to their strengths and advantages in the areas of reliability, integrity, quality of work, timeliness of response, competitive pricing, geographic location, years of experience and knowledge within the oilfield industry. Current financials and an inventory of equipment can be furnished to a potential buyer upon request.
Information on this Oilfield Service Flowback Production Testing & Rental Company:
W. Brad Troutman
APEX Mergers & Acquisitions LLC.
EBITDA as of December 31, 2012: $3.1m
A/R’s: $1.4m 45 day turn around