Oilfield Rental Company in Permian Basin

Texas
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Cash Flow:$2,196,090
FF&E:$3,560,000
Gross Revenue:$7,077,914
Established Year:2006
BUSINESS DESCRIPTION

Oilfield rental company that serves the Permian Basin in West Texas and New Mexico. Company has been in business for over 16 years. The company specializes in renting manlifts, forklifts, light towers, trash trailers and porta-johns. 35 MSA’s in place including some of the larger operators in the Permian. A focus on customer service is the strength of the company – excellent reputation for responsiveness and quick turnaround. Strong workforce – Field Supervisor has been with the company for 8 years. Extensive list of equipment owned by the company including over 100 light towers, over 100 porta-johns, 18 forklifts, 13 manlifts, and several vehicles and trailers to move and service the rental equipment. Company owns a 3-acre yard with a new 1200SF office/shop that has just been constructed and equipped. Option for buyer to either buy or lease the property. Great opportunity to acquire an established platform to facilitate the expansion of services in one of the most active oil and gas fields in the US. Please refer to CBB Listing #8303


ATTACHED DOCUMENTS
Business Profile.pdf Download

DETAILED INFORMATION
Location
Texas
Inventory
Not Included in asking price
Real Estate
Owned
Employees
11
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
1200sf freestanding facility on 3 acres of land
Growth & Expansion
Hire salesperson. Expand product offerings to include air compressors, generators, and water transfer pumps. Offer more trucking services. Create website.
Support & Training
Sellers will train
Reason for Selling
Area of operations is too far from Owner's home.
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Frank
Stabler
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Frank Stabler