Oil Field Services & Drilling Business For Sale

Business description

Heard of black Texas tea? Well, that's oil in Texas! This VERY profitable oil field services business has been around since 1974 and owned by the current owner since "76". A current issue of The Oil & Gas Journal predicts an increase in all major sources of energy. Here is your chance to jump on this business and grow it to it's potential. The current owner would like to retire and spend the remaining years of his life relaxing. You don't want to let this one slip away.
100% of this business's primary business activity is: Oil field services, such as logging oil well drilling for wells to see if their is possible oil there. They also monitor the mud stream samples and let the clients know when they hit oil.

Property information

Real Estate:

Lease

Premises details:

The building is a 750 sq ft leased office building. Located 1/2 a block away, is a storage building with room for trailer parking, supplies and a working area. Business can be relocated.

Business Operation

Expansion potential:

Expanding into other areas and getting more oil exploration sites would enhance the profits for a new owner.

Competition / Market:

The business owner bought this business in 1976 and has developed a good reputation that has spanned for over 35 years. They have Experience! they have a high level of experience and know how to go along with their attention to detail, fair pricing and customer service!

Reasons for selling:

Retirement

Trading hours:

7 days open Hours.

Employees:

11 FT, 1 PT

Years established:

36 years

Other information

Support & training:

Owner is willing to remain for reasonable transitioning period but wishes to retire. All inventory, equipment and vehicles are included in asking price. This includes the 4 vehicles and 8 trailers w/ necassary equipment.

Inventory / Stock value:

$100,000 (included in the asking price)

Website:

www.intlag.com/

Relocatable:

This business can be relocated.