Business For Sale Listing 152262
Oilfield Supplies Distributor
Status as of Nov-22-2008 at 06:00 PM: Active
Business Summary
Our firm currently represents a value-added distributor of a full line of oil and gas well-related pumps and supplies. With 15 years behind its name, the Company is the region’s go-to source for oilfield equipment. Primarily a retail operation (82% of revenue) for surface and bottom hole pumps, and related supplies and services. 500-plus account base is characterized by a diverse assortment of mechanical service companies for the oil and gas field drilling market. Sales for the fiscal year ended April 30, 2008 exhibit a Compound Annual Growth Rate of more than 20% over sales for the period ended April 30, 2006. EBITDA for the fiscal years 2006 through 2008 averaged more than $642,000 annually. The local market alone boasts more than 100,000 leases; backed by the industry’s mounting strength, the Company’s growth trend is favored to continue over at least the next several years. The Company’s facilities each feature a retail store and fully equipped shop, which combine for almost 15,000 sq. ft. on 10 acres; the real estate is available for long-term lease or sale along with the business. Over its history, the Company has grown primarily though word of mouth referrals, and on the strength of its reputation; the addition of a dedicated sales force could immediately increase sales. The opportunity is ideal for any industrial supplies company looking to expand distribution in the Company’s oil and gas field rich market.
Categories
Industry
Location
Financials
| Sales: |
Between $5 Million And $10 Million ($6,030,000) |
| Profits: |
Between $500 Thousand and $1 Million ($584,000) |
| Profit Type: |
Earnings Before Interest, Taxes & Depreciation (EBITDA) |
| Asking Price: |
Not Disclosed |
