Oilfield Staffing Agency in South Louisiana

New Orleans, LA (Orleans County)

Seller Financing Available
Oilfield Staffing Agency in South Louisiana

Asking Price:$2,100,000

Cash Flow:$423,000

Gross Revenue:$5,300,000





Oilfield Staffing Agency in South Louisiana

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Business Description

This oilfield staffing agency in the south Louisiana specializes in providing skilled labor to the oilfield/ship building/marine industry. Last year this specialized staffing agency generated approximately $5.4 million in annual sales and cash flowed approximately $420,000. This company has a well-established relationship with large clientele companies with which it has repeat business. With the new shale fracking technology, the oil patch and marine industry is booming resulting in a critical shortage of skilled labor. Current estimates are that 75,000 additional/new construction jobs will be created and needed in south Louisiana to handle construction over the next 3 year. The future is bright as there has never been a better opportunity to be in the business in south Louisiana. Seller wishes to divest of this oilfield staffing agency at this time to spend more time with the family. Seller will stay on for a short time to help train the new owner on how to run this easy to own and operate business. Seller will consider some seller financing with a reasonable down payment from a qualified buyer. Seller is open to substantive offers to which he will seriously consider and promptly respond. Come see this great business, meet the owner, see the potential, make offer!

Detailed Information

Included in asking price
FT: 6 PT: 0
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Support & Training:
Reason for Selling:
Time with Family

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Daniel Hester

Business Listed By:
Daniel Hester

Sunbelt Business Brokers of New Orleans

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Sponsoring Broker:
Joel Duran, CMSBB

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