Oil & Gas Field Equipment Distribution Business & Machine Shop For Sale

Business description

The company is essentially a supplier of components and equipment used to build, remediate, and upgrade oil and natural gas infrastructure including wells and pipelines. Operating out of multiple Midwestern locations, this company supplies, fabricates, welds and repairs all of the equipment and parts required to build and maintain oil and natural gas wells. This includes pipes, casings, tubing, rods, pumping units, fittings, valves, poly goods (tanks/pipes), customized/refurbished pumping systems, pumping components, and other miscellaneous parts. Thus, the company is both a value-added distributor and machine shop. This company is in a great position to capitalize on many new avenues of growth in the Natural Gas and Oil industries, and has already begun to do so.

Property information

Real Estate:

Real Property Included

Location:

15000 sq ft stand alone building

Other information

Expansion potential:

This company has the opportunity to place facilities in other regions and ultimately expanding its footprint. Further, Natural Gas distribution has grown tremendously in their region.

Competition / Market:

Supply and Services business are usually geographically concentrated, this company has only moderate competition in their region served, with more than 75% market share.

Support & training:

The owners are willing to stay on to assist in a successful ownership transition.

Reasons for selling:

retirement

Trading hours:

M-F 8am-5pm

Furniture / Fixtures value:

$1,783,955 (included in the asking price)

Inventory / Stock value:

$7,752,134 (included in the asking price)