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  • RE:  Oil & Gas Company Providing Workover Services
  • Contact:  Brandon Bourgeois

Quick Facts

Asking Price: $7,750,000
Annual Revenue: $6,160,000
Net Profit: Not Disclosed
Cash Flow: $1,352,000
Total Debt: Not Disclosed
FF&E: $5,000,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 41
BBN Listing #: SB-56159
Broker Reference #: SHREVLA001-56159

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Business Overview:

Oil & Gas service company based in East Texas is available for acquisition. This business provides well workover services, which include maintenance and repair operations on existing wells. It focuses on maintaining and optimizing well production by performing critical tasks such as repairs and plugging services. In addition to these services, the business is known for its commitment to safety and reliability in the highly demanding environment of oil and gas operations. Their team is experienced and able to tackle various challenges associated with well maintenance. Through these services, this business helps oil and gas operators extend the life of their wells and improve production efficiency, making it a key service provider for the East Texas energy sector.Location: East TexasAsking Price: $7,750,000Gross Revenue: $6,160,000Cash Flow (SDE): $1,352,000EBITDA: $1,352,000FF&E (FMV of Equipment): $5,000,000Strengths and Uniqueness of the Business•Great Reputation •Highly Dedicated & Experienced Employees•Loyal Customer BaseReason for Selling: The owner wishes to retire.

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Reason for Selling:

Retire

Additional Details:

  • The property is owned.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

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