Manufacturer of Well Servicing Oilfield Equipment - South Central US

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Cash Flow:$1,110,000
EBITDA:$1,010,000
Gross Revenue:$4,500,000
BUSINESS DESCRIPTION

Specializing in the design and manufacturing of custom-fabricated well servicing equipment, the Company offers a wide range of products, including trailer-mounted complete foam air units, air drilling packages, power swivels, reverse units, and lay-down automated pipe handlers. Committed to customer satisfaction, the Company takes pride in the quality of every equipment piece that leaves its yard. The Company is dedicated to delivering high-quality well servicing equipment that ensures optimal performance, whether for the domestic market or customers worldwide. It provides comprehensive on-site or location-based services for all brands and types of equipment, with round-the-clock crews available to ensure prompt repairs and maintenance.

INVESTMENT APPEAL

Superior Name and Reputation - The Company enjoys a long-standing reputation for the quality of its products and services, expertise, dependability, and superior customer support. Its reputation in the industry is the result of conducting business with a philosophy that is supported by professionals, principals, values, and ethics. As a result, the majority of the Company’s business is from repeat business and referrals.

Strong Client Relationships - The Company is proud of its strong ties to clients and reputation for quality work and client service. Evidence of these relationships is shown in the 90% rate of repeat business. Its top five clients have been working with the Company from a minimum of 4 years to a high of 19 years.


ATTACHED DOCUMENTS
Confidentiality Agreement Download

DETAILED INFORMATION
Inventory
Not Included in asking price
Growth & Expansion
Outside Salespeople Additional Welders
Support & Training
The owner is willing to remain through the transition period and would entertain remaining with new management for a longer period of time on a consultancy basis. Additionally, all key employees will be available to remain with new ownership beyond the sale of the Company.
Reason for Selling
Retirement, pursue other interests
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Cory
Stickland
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Cory Stickland