Established North Texas Oilfield Services Company

Featured on BusinessForSale.com . 40 viewed

Asking Price

$20,000,000

FOR SALE - ACTIVE

Detailed Information

Location

North Texas, Texas, US

Reason for selling

Not Provided

Real Estate

NA

QUICK STATS

BUYER ANALYSIS

Down Payment

% down

Payback Period

months

Annual Debt Service

% interest, year term

Cash Flow After Debt Service

Debt Service Coverage

x

COMPANY FINANCIALS

Cash flow

(% CF Margin)

Revenue

Furniture, Fixture &
Equipment

Inventory

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Business Description

This established North Texas company offers oilfield services such as roustabout work, pipeline construction, and excavation for residential and commercial projects within a 50-mile radius. Operating for over 25 years, the company boasts a skilled workforce, well-maintained equipment, and a strong management team facilitating direct negotiations with clients. While the majority of revenue stems from stable production-related projects, the construction arm can quickly scale up with increased drilling activity. With a workforce of over 130 local employees, the company emphasizes regular training and safety protocols, minimizing per diem costs and fostering long-term customer relationships. The business's services cater to a diverse client base, with the top 10 customers contributing a significant portion of sales. Despite the owner's active involvement, the company can function autonomously, underscoring the reliability and capability of its management team in overseeing daily operations. Looking ahead, the owner aims to focus on other ventures in preparation for retirement, presenting an opportunity for interested buyers. The company's assets

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