Oilfield Wireline with Vendor Exclusivity Rocky Mountain Range! (17956

Seller Financing Available

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Asking Price:$8,500,000
Gross Revenue:$7,600,000
Rent:$7,500/Month
FF&E:$3,612,326
Cash Flow:$1,300,000
Inventory:$1,850,000
EBITDA:$1,202,829
Established Year:2010
BUSINESS DESCRIPTION

Well-established and catering to several U.S. states, this leading provider offers a comprehensive suite of oil & gas wireline services for government contracts and more!
Quality-focused Services: open hole plug & perforating, surveying, pipe recovery, crane services, and pressure control.
Vendor Exclusivity in the Rocky Mountain Range.
SDE Margins of 18.5%, Sales for 2024 projected at $8.1 Million!
2023 Revenues $7.6 Million, $1.3M Discretionary Earnings!
Experienced management teams!
Ownership offers cross-training and consultation for streamlined operations and available for transitioning after the sale.
Several marketing channels leveraged: internet ads, print media, online presence (social media & website), steady verbal referrals
Strategically designed for its industrial services, a 3,200 square foot facility features offices, shop space, and ample storage.
Long-term supplier relationships and nationwide government contracts for surveying!
Many growth avenues still available!


DETAILED INFORMATION
Inventory
Included in asking price
Real Estate
Leased
Building SF
3,200
Employees
31
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Property can be purchased separately for $750,000.
Financing
Standard SBA-term financing will be negotiable for qualified buyers.
Support & Training
Cross-training and consultation for streamlined operations is available for a transitioning period after the sale.
Reason for Selling
Approaching retirement and/or pursuing other interests.
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Jason
Hullender
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Jason Hullender