Texas-Based Machine Shop that Manufactures Oilfield Equipment

Houston, TX (Harris County)

Texas-Based Machine Shop that Manufactures Oilfield Equipment
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Asking Price: Get Financing: N/A

Cash Flow: N/A

Gross Revenue: $866,000

EBITDA: $90,000

FF&E: N/A

Inventory: N/A

Lease Rate: N/A /SF

Established: N/A

Texas-Based Machine Shop that Manufactures Oilfield Equipment

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Business Description

A custom machine shop that manufactures and provides turnkey oilfield equipment for OEMs in the Houston market. The company is a qualified vendor of choice for many of its products.

Current markets
· Major oil service companies or OEMs (Original Equipment Manufacturer) in Houston, Texas.

Shareholder/owner objectives
· Three shareholders seek a full sale of the company to pursue retirement and leisure time. The shareholders are willing to stay on for an agreed amount of time to allow for a smooth transition.

Detailed Information

Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
N/A
Facilities:
Real estate · The company leases 8,750 sq. feet of industrial space from an unrelated third party. Headquartered · Houston, Texas
Competition:
Key aspects · Long-lasting relationships with major OEMs in Houston market · In business for 20 years · Inventory valued at $600k · Skilled and experienced employees · Longevity of withstanding industry downturns
Growth & Expansion:
Opportunities · Invest in new equipment to improve efficiency · Increase sales and marketing · Expand reach to OEMs outside Houston · Rebound of Oil & Gas industry
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(from currently available funds)
 
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Kendall Stafford

Business Listed By:
Kendall Stafford

Benchmark International

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