Dynamic Growth! Oil Field Service


Seller Financing Available
Dynamic Growth! Oil Field Service
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Asking Price: Get Financing: N/A

Cash Flow: $641,289

Gross Revenue: $2,009,204


FF&E: $1,200,000

Inventory: N/A

Lease Rate: $2,500 /Month

Established: 2013

Dynamic Growth! Oil Field Service

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Business Description

Bakken Company Doubled Sales in 2017 over 2016

Oil field service company focusing on production side of oil and gas industry. Specializes in well-head servicing to remove paraffin and other build up.

Detailed Information

Real Estate:
Building SF:
Lease Expiration:
9 FT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Operating out of 5,000 square foot leased shop located on 4 acres of land.
Highly segmented market with many smaller operators in Williston Basin. Also several multi-national companies located in region.
Growth & Expansion:
Company customers are major oil and gas companies and smaller independent oil and gas producers. Sales are through direct contacts or competitive bidding. Accurately estimating the cost of delivering services is important. Customer service is key in winning business, and company maintains equipment service and storage centers near production areas. Mobile units typically service wells within 100 miles of their base location.
Support & Training:
Will train for 4 weeks @ no cost. Major services include preparing wells for production, maintaining and enhancing the output of producing wells, cleaning out, bailing, and swabbing of wells; and operation of work-over rigs. Perform services vital to preparing and maintaining oil and gas wells. Safety training through PEC or ISNET World. Understanding Oil field terms, logistics and company man contacts important.
Reason for Selling:
Ready to move on to next opportunity.
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Thomas Nelson

Business Listed By:
Thomas Nelson

Murphy Business & Financial Corporation

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