Oilfield Service Tank Truck & Disposals & Work-Over Rig Company #10900 SOLD
Oilfield Service Tank Truck Work-Over Rig Company #10900
Integrity, Experience, Knowledge, Quality, and Customer Service
Real Estate is leased, highly visible location
This Oilfield Service Company for Sale has tank trucks, SWD Wells and Workover Rigs
The Business For Sale was founded in 2006 in the Midwest. The current owner of the company has grown the company with other income streams from tank truck, 3 - SWD wells, hot oilers, frac tank rentals, pump trucks, work-over rigs and providing other services to their clients. The Company principle business is located in Midwest servicing a 70 mile radius. It is based around some of the largest oil and gas fields in the region. The Company has many clients that make up the majority of their $8m plus gross revenue stream. Most of this Company’s customers have been with the company since inception and have grown with the company as the oil and gas industry exploded over past decades. There is a management team in place willing to continue the growth of this Company.
The Company’s 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. With forty-six (46) full time employees and bobtails and transports and work-over’s serving their clients, their equipment is well maintained, the company is looking to add another SWD well to their Company. This Company current is working 13 tractors, 4 – bobtails, 2- pump trucks, 2- hot oilers, 1- rock trailer, 11- transport trailers, 6 –frac tank, 3 – work-over rigs 2 - backhoes. The owner is currently leasing the office and yard at the current business site. There is appx. 900 sq. ft. of office space, 1 - 4,000 sq. ft. shop, and 1 – 35’ x 40’ storage facility on appx. a five (5) acre gravel packed storage yard located 1/16 of a mile from a Highway frontage at the edge of town.
The Company has much to offer a prospective purchaser in the areas of stability and potential growth. They are recognized for their good reputation, reliability, strong customer base, customer service, dependable equipment, and good cash flow, salt water disposal well located in the area’s largest gas and oil fields and still have growth potential.
The Company also has sufficient physical room for growth in their servicing area, 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. The rigs can be pulled from the sale if the Purchaser does not want the rigs.
Financials can be provided with an executed NDA.
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Information on this Oilfield Tank Truck & Disposal & Workover Rigs opportunity:
W. Brad Troutman
APEX Mergers & Acquisitions LLC