Oilfield Experience? Mechanical Apptitude? Be the Boss
Ohio
| Asking Price: | $825,000 |
| Gross Revenue: | $443,034 |
| FF&E: | $402,706 |
| Cash Flow: | $261,107 |
| EBITDA: | $110,705 |
| Established Year: | 2007 |
Listing ID: 2274939Listing provided by BizBuySell
BUSINESS DESCRIPTION
SBA Pre Approval
Provider of well swabbing service to the Appalachian Basin of Eastern Ohio. Included in the sale are two rigs used in the swabbing process and associated trucks.
Owners have grown the business through building a culture around knowledge, reliability and work ethic. Their ability to stay disciplined in their territory of service means to the customer an expectation that their works will be done on time and in a timely fashion minimizing down time of the production wells.
Turning business away. Work with two customers that have their own equipment and rigs and no one to run the rigs so they come to Seller instead. There is a bigger growth opportunity here.
DETAILED INFORMATION
Location
Ohio
Inventory
Not Included in asking price
Employees
3
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Home Office
Competition
No competition in the immediate area. Options for service are so limited even customers have attempted to provide themselves with in house expertise and this has failed with customers leaning on seller for services.
Growth & Expansion
Yes opportunities to grow. The two clients with their own rigs offers options for growth with lower risk.
Support & Training
To be determined by buyers experience.
Reason for Selling
Retirement
Home-Based
This business is Home-Based
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