Oil Field Supply Repair And Equipment Sales Business For Sale

Business description

This fine oil field supply, repair & equipment sales business started 97 years ago and has been run by the current owner since 1974. The current owners are ready to see a new owner take it to the next level as they are wishing to retire. This Oklahoma based business for sale is a great opportunity to take a business that is already successful, reliable and well established and build on that foundation to secure your future. They also offer a new owner a 97% repeat customer base! Call today for all the details!

This exceptional oil field and industrial supplies and sales business offers pipe fittings, v-belts, bolts, nuts, pump equipment and miscellaneous tools and electrical equipment at competitive prices. The quality of the merchandise and inventory is outstanding. Their 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 years of experience and knowledge within their industry.

Products and Services Offered
The gross percentages towards their primary business activities are as follows: 30% pipe fittings, 30% V-belts, 20% Bolts and nuts, 10% pump equipment and 10% miscellaneous tools and electrical.

All property, equipment and inventory is included in the sale.

Property information

Real Estate:

Real Property Included

Premises details:

With 1 city block for a lot there is ample room for expansion. There are 2 buildings including the 1,200 sq ft warehouse. Also there is a 5,000 sq ft shop, 1,000 sq ft working area and 5 office areas, one of which is being used for storage. There is a great parking area, accessible, and a large yard area. The property is included in the sale, but the business could be relocated anywhere!

Business Operation

Expansion potential:

Diversify inventory and expanding to other locations would offer growth potentials for a new owner.

Competition / Market:

There is competition in the area, but this business offers wonderful customer relations and competitive pricing.

Trading hours:

Days: Monday-Saturday
Hours: 7am-5pm Monday-Friday, 7am-noon Saturday

Employees:

6

Years established:

1974

Other information

Support & training:

Owner will stay for a smooth transition. Staff will most likely stay on after the sale.

Furniture / Fixtures value:

$373,845 (included in the asking price)

Inventory / Stock value:

$269,890 (included in the asking price)

Website:

www.intlag.com/

Relocatable:

This business can be relocated.