US Oilfield Wireline
Well established and catering to several U.S states, this leading provider offers a comprehensive suite of oil & gas wireline services for government contracts and more.
It has quality focused services with open hole plug, and perforating, surveying pipe recovery, crane services and pressure control.
The Vendor has exclusivity in the rocky mountain range.
SDE Margins of 18.5%, sales for 2024 projected at $8.1 M
2023 Revenues $7.6M
Discretionary earnings of $1.3M
Experienced management teams
Ownership offers cross training and consultation for streamlined operations and available for transitioning after sale.
Several marketing channels leveraged: internet ads, print media, online presence (social media & website), steady verbal referrals
Strategically designed for its industrial services, a 3,200 square foot facility features offices, shop space and ample storage.
Long term supplier relationships and nationwide government contracts for surveying.
Many growth avenues still available.
Assets
Equipment: $3,612,326
Inventory: $1,850,000
Optional Property
Lease of $7.5K monthly
Oil & Gas field Services
C-Corp
SIC: 1389
Inception: Started in 2010
Employees: 31 bi-weekly pay
Financials (USD)
Asking Price $8,500,000
Cash Flow Not Disclosed
Sales Not Disclosed
Deal Terms
Represented by broker? Yes
Buyer Fee? Available On Request
Seller Financing? Available On Request
Willing to co-broke? Available On Request
Principals only? Available On Request
Franchise? Available On Request
Management will stay? Available On Request
Relocatable? Available On Request
Real Estate? Available On Request
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