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Oil Field Fishing and Rental Tools

Southeast Louisiana, Louisiana

Services - Other Miscellaneous services

Asking Price Not Disclosed Inventory $20,000,000* 
Gross Income $6,500,000 Real Estate  
Cash Flow $1,200,000 Year Established 1961
FF&E N/A Employees 22 ft

* included in the asking price

** not included in the asking price

This company is about 45 years old and is the regional industry leader in the oil field fishing and tool rental business. The company has an owner that is ready to retire. The company is full service and has a niche in providing those hard to find items. There are multiple locations strategically located throughout South Louisiana. The real estate for these locations has a combined 33 acres +/- of commercial land total, and 50,400 square feet +/- of building space. All of which are included in the sale. The company has an extensive inventory and furniture, fixtures, and equipment. The owner is willing to sell the company for the value of the assets, if not a little less. The seller is highly motivated to sell the company and will consider some possible seller financing. This is an excellent buy for the serious company looking to expand in the industry. Come see, you will be impressed.

Facilities: 50400

Support/Training: Available

Reason Selling: Retirement

Business listed by

Art Chauvin

225.201.0202


Sunbelt Business Brokers of Baton Rouge


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