Hot Oil Service Oilfield For Sale

Business description

This “For Sale by Owner” hot oil servicing company was established in 2004 and has built an excellent reputation. Hot oiling well and servicing them on rig jobs generates 40% of total revenues. Another 40% of revenues is generated from heating and treating oil in stock tanks after it comes from the well. The remaining revenues stem from heating Frac water for Frac jobs on new wells during the winter. This retail business is open 24/7 and can be run in an absentee manner. There are currently 3 full time employees and a management team is in place that is willing to stay on after the sale. There are no special licensing requirements to operate this business and the current owner agrees to stay through a reasonable transition period. This is a very competitive market and there are service contracts in place that will go with the business. To learn more about this business opportunity, contact one of our representatives today!

Property information

Real Estate:

Real Property Included

Location:

This owned, 5,000 square foot facility is available for lease to the buyer. Situated on approximately 1 acre of land, there is room for expansion at the current site. This business could also be relocated by the new owner. The structure is in good overall condition and has city street frontage.

Other information

Expansion potential:

Growth and expansion can be obtained through replacing some of the equipment. Expanding the frac heater base would also help grow the business.

Competition / Market:

It is very competitive in the area

Support & training:

Owner agrees to stay through a reasonable transition period.

Reasons for selling:

Other Interests

Financing available:

There is no owner financing available