South Louisiana Oil Field Service Valves Pumps Etc For Sale

Business description

This very well-known and highly respected casting shop has been servicing the oil and gas industry for over 36 years. Shop specializes in a variety of services including valves, water pumps, manifolds, the rebuilding of cylinders and cylinder heads, and machine shop services. Company also repairs machine parts including governors, packing glands, lubricators, gear boxes, crankshafts, etc. Company boasts an impressive inventory valued at approximately $400,000 which is included in the sale. A loyal client base and lucrative contracts make this business an attractive acquisition for an existing oil field service entity or a start-up looking to make a name for itself.
Business is found in an industrial sector in a large city of South Louisiana. This city has close proximity and quick access to a major portion of Louisiana?s oil field industry. Business occupies an impressive facility of approximately 12,400 sq ft. Real estate is included in the sale.
Seller is ready for retirement and is ready to sell this successful oil field service business. Seller will assist in the transition of the business and will make proper introductions to important clients. Come visit this long-standing and successful business, meet the owner, make offer.

Property information

Real Estate:

Real Property Included

Premises details:

12400 sq ft, $N/A

Business Operation

Reasons for selling:

Retirement

Trading hours:

Days: Mon - Fri, Hours: 7 am - 4 pm

Employees:

Full Time: 2, Part Time: 2

Years established:

37

Other information

Financing available:

Downpayment Required: $0
Monthly Payroll: $5,000

Furniture / Fixtures value:

$200,000 (included in the asking price)

Inventory / Stock value:

$400,000 (included in the asking price)