Oilfield Services Company For Sale

Business description

This well-known 13 year old oilfield services company has established itself in the industry with high quality service and top-of-the-line product rentals. Company performs hydrostatic testing, pipe bolstering, drill pipe cleaning and pipe rental, as well as substantial sales and inventory in thread protectors. Company has top-notch equipment valued at approximately $436,000.
Business is located in South Louisiana and does some work in the Haynesville Shale trend of Northwest Louisiana. Business has a good reputation and a large and loyal customer base.
Seller has other interests. Business would make a great addition for a company already operating in this industry or can stand alone for an entrepreneur. Seller had an excellent manager who was highly trained in every part of this business, and ran it while seller traveled on extensive hunting trips all over North America and Canada. When business slowed down, seller had to step back in and take care of business personally. That manager is willing to come back if new owner desires. Seller is open to substantive offers and will seriously consider and promptly respond to all reasonable offers.

Property information

Real Estate:

Lease

Premises details:

2000 sq ft sq ft, $1500.00

Business Operation

Reasons for selling:

Other Business Interests

Trading hours:

Days: Mon - Fri, Hours: 8 am - 4 pm

Employees:

Part Time: 2

Years established:

14

Other information

Financing available:

Downpayment Required: $0
Monthly Payroll: $1,500

Furniture / Fixtures value:

$436,000 (included in the asking price)