Business For Sale Listing 132815
Oil Field Supply
Status as of Nov-21-2008 at 06:03 PM: Off The Market
Business Summary
REDUCED:During the exploration, production and transportation of crude oil products, many types of mechanical equipment and consumable supplies are used at various stages of the oil production process. During the actual process of drilling for oil, drilling rigs will use pumps, motors, hoses, filters, hand tools and many other small items which are consumable in nature or have a short term life cycle. This oil field supply company carries a large inventory of these types of commonly used items that are necessary for oil production both in on-shore and off-shore drilling environments. The majority of the products sold by the business to drilling companies are used on offshore drilling platforms. Other products stocked by the business will include mechanical parts and equipment that will have a much higher cost factor to them and are intended for longer periods of use but still will need replacement or repair during their life cycle. With the increasing cost of domestic oil, the oil industry will continue to remain an important part of the economy and methods of exploration and oil production will continue to adapt and change but the need for supplies, mechanical parts, filters and repair services will remain a constant factor in the oil industry. This company has changed and grown along with the oil industry but good service and competitively priced products has remained a consistent hallmark of the business.
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Industry
Location
Financials
| Sales: |
Between $1 Million And $2.5 Million ($1,463,891) |
| Profits: |
Between $100 Thousand and $500 Thousand ($160,480) |
| Profit Type: |
Seller's Discretionary Cash Flow (SDCF) |
| Asking Price: |
Between $2.5 Million and $5 Million (4,7500,000) |
