Oilfield Water Tank Truck Company #10987
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Real Estate included in the sale, highly visible location
This Oilfield Service Business for Sale was founded in 2008 in the Midwest. The current owner of the company has grown the company with other income streams from tank truck, SWD wells, dozer work, roustabout, and providing other services to their clients. The Oilfield Service Business for Sale principle business is located in Midwest servicing a 150 mile radius from their corporate office. It is based around some of the largest oil and gas fields in the region. The Oilfield Service Business for Sale has many clients that make up the majority of their $6.8 million 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 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. With thirty-eight (38) full time employees and bobtails and transports serving their clients their equipment is well maintained, the company is looking to add another truck to their fleet. Midwest Oilfield Service Company current is working five 70BBL bobtails and eight 130BBL transports. The owner is currently leasing the office and yard back to their selves, but will lease the current business site or sell it to the new Purchaser. There is appx. 2,000 sq. ft. making office space built in 2009, and appx. a ten (10) acre gravel packed storage yard for their clients located on a Highway frontage at the edge of town.
The Oilfield Service Business for Sale 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.
Gross Sales 2011: $6.8 million and $2.6 million EBITDA
Information on This Oklahoma Oilfield Service Tank Truck Business For Sale:
W. Brad Troutman
APEX Mergers & Acquisitions LLC
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