Oil Field Services, with Real Estate Available
Arkansas
| Asking Price: | $3,275,000 |
| Gross Revenue: | $4,822,000 |
| Rent: | $6,500/Month |
| Established Year: | 1987 |
| Cash Flow: | $667,434 |
| Inventory: | $150,000 |
| FF&E: | $3,525,000 |
Listing ID: 2293856Listing provided by BizBuySell
BUSINESS DESCRIPTION
This well diversified oil field services business has been operating for 37 years and the owner is ready to retire. They have multiple locations and do business in multiple states. They have a huge fleet of trucks and equipment, a staff of highly trained employees, as well as an experienced management staff in place.
Seller’s discretionary earnings for 2023 was $667,434! According to the seller this business is priced well below asset value. Don’t miss out on this opportunity as seller believes the business is primed and ready for the lithium market.
Interested parties will be required to state amount and source of funds. Detailed information will be provided by completing a confidentiality agreement and may be obtained by contacting Scott.
DETAILED INFORMATION
Location
Arkansas
Inventory
Included in asking price
Real Estate
Leased
Employees
27
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Buyers may rent the 3 parcels of real estate for approximately $6,500 per month or the real estate may be purchased for additional cost. No adjustment has been made to the seller’s earnings for a rental or purchase.
Financing
The seller will consider financing a small portion for a qualified buyer.
Support & Training
Seller will negotiate a transition period
Reason for Selling
Retirement
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