Oil Field Instrumentation Services

Oklahoma County, OK

Seller Financing Available
Oil Field Instrumentation Services

Asking Price:$4,000,000

Cash Flow:N/A

Gross Revenue:$1,850,585

EBITDA:N/A

FF&E:$308,238

Inventory:$137,488

Established:1978

Oil Field Instrumentation Services

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Business Description

The company, which is a 'C' Corporation, began business in 1978 as a provider of oil field instrumentation services. The past several years it has expanded its business by providing spare parts, field service and the manufacturing of tool detection devices for use at the well site. The business has maintained an average of $608,000+ in cash flow over the past 5 years.

Detailed Information

Inventory:
Included in asking price
Employees:
11
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
8,000 sq ft facility leaseable at $4,000 per month NNN. Two (2) Year Lease Minimum plus two (2) Year Option at 10% increase
Competition:
The company has a great customer base due to an excellent reputation in their industry. The competition is very minimal.
Growth & Expansion:
New product lines and equipment rental could be easily added to expand the business. An enhanced product line coupled with a recent acquisition is projected to dramatically increase gross sales.
Financing:
Seller may participate if buyer has industry experience
Support & Training:
The seller will provide 30 days full time at no charge.
Reason for Selling:
Retirement and pursue other interests

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Randall Wohl

Business Listed By:
Randall Wohl

Stone Resources, LLC

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