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Long time Sand & Gravel trucking Co.Heavy Growth area of the Permian Basin
$900,000
Long time Sand & Gravel trucking Co.Heavy Growth area of the Permian Basin

Odessa, TX

Odessa, Midland and the Permian Basin are growing rapidly due to the oil industry. There is lots of growth potential causing a need for construction material. If interested business could easily be expanded into frac sand hauling Lots of Potential

Scalable, Profitable Oilfield Equipment Rentals Business 19840Hi Growth, Asset-based Opportunity
$9,750,000Cash Flow: $2,000,000Seller Financing
Scalable, Profitable Oilfield Equipment Rentals Business 19840Hi Growth, Asset-based Opportunity

Odessa, TX

The company is a 6 year old, well-established oilfield equipment rentals and service provider, serving primarily oilfield drilling operations in the North Dakota Bakken formation and Texas Permian Basin. The company operates one branch located in each state, and rents items of all sorts to oil drilling companies. They also provide services for work over and frack locations as needed. Most of their work is done on the drilling side of oil and gas operations and they service the area within 100 miles of each branch location. The company also offers experienced personnel to aid in the construction and repair of production locations and environmental remediation. The business grew quickly by direct marketing to oil drillers and company men, and focusing on safe, timely and quality execution of operating commitments. Continued growth was driven by operational excellence, word of mouth and repeat business. The North Dakota and Texas locations have diverse strengths and respond to their respective market needs. Equipment and personnel can also be shared between both locations, as needed. The company is a profitable business with rapid growth potential. Current customers are primarily oil and gas producers with approximately 30-35 active MSA’s (Master Service Agreements). The largest customer is an energy producer and accounted for 29% of revenue in 2017. The top 5 customers accounted for 74% of revenue in 2017. However, this does not tell the entire story as the company has developed extensive relationships with ‘Company Men’ (eg drilling managers) and drilling superintendents throughout their market areas. These key decision makers, when they change companies, typically refer the company to their new employer. The owner feels that a major advantage over competitors is the quality and seniority of their employees. The crews, are professional and are a major asset to the company. The company currently employs approximately 40 full-time (all W2 paid). Customers are happy with the service and committed to using the company. The owner primarily provides oversight and focuses on locating and purchasing rental equipment at prices that allow for quick pay-offs. The company does no outside advertising. The company receives repeat business and referrals from an estimated 35-40 oil drilling companies. The owner feels that the business could grow faster by purchasing rental equipment to eliminate 3rd party rentals in TX division, continue adding rental equipment (with 4-8 month payback), continue to build management leadership structure and expand to other oilfields. The asking price for the assets of the business is $9,750,000 EXCLUDING REAL ESTATE. The seller will consider financing up to 15% of the purchase price to a purchaser qualified/approved by the seller). All financing is to be personally guaranteed. Seller prefers to sell for ALL-CASH. The assets include inventory at cost of $0, work in progress of $750,000, accounts receivables of $2,200,000 and FFE/V (Furniture, Fixtures, Equipment, Vehicles) valued at $5,050,000. The TOTAL ASSETS are $8,000,000. The price will be adjusted for actual inventory, work in process (WIP) and accounts receivables as of the sale date. KEYWORDS: oil field oilfield stimulation wireline slickline well logging perforating coiled tubing pressure pumping flowback services BPO blowout cementing casing horizontal vertical drilling offshore pipeline equipment rig roughneck pump jacket hydrocarbon transducer acid core sample fishing frac frack hydraulic fracturing coating motorman mud logger pigging salt oilwell barrel natural gas completion workover derrick swab swabbing bore gasket water hauling roustabout mud polymer synthetic vertical horizontal drilling coatings engineering vacuum Permian Spraberry Bakken Williston basin Marcellus Utica basins Eagle Ford Haynesville Bossier Denver Barnett Shale Oil Midland Odessa Dakota Oklahoma Kansas Texas Wyoming New Mexico Sell my oilfield rentals service business For Sale

Odessa Home Furnishings Company - Simple. Positive Cashflow.
$26,600Cash Flow: $250,000Seller Financing
Odessa Home Furnishings Company - Simple. Positive Cashflow.

Odessa, TX

The owner is selling her dealership just over the cost of inventory and the price for mentoring the new owner. If you can list the image in this ad on social media, then the owner of KozyHome Furnishings can teach you how to run her quarter of a million-dollar dealership from the comfort of your own home. There's work to be done for sure, and more ways than one to make good money in the furniture business (including staging and flipping real estate with factory-priced furnishings), but it's not rocket science. Learn more here: https://youtu.be/4UF_G-oU_bY Note: The cashflow is a 2019 projection. Average time to see a full return on investment is 4 to 6 months. Find out why the owner is willing to let her dealership go at such a ridiculously low asking price. Let’s chat! KozyHome is a division of iDealFurniture, one of America’s fastest growing companies on the Inc. 2000 list and rated A+ by the Better Business Bureau. www.idealfurniture.org


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