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Sunday, March 29, 2015

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Oilfield Service Company

Specializing in mobile maintenance and coatings for pipelines, storage tanks, tank farms, rigs, and other remote or isolated assets that require ongoing maintenance and protection from the elements. Successfully maintaining relationships with some of the largest and best-known corporations in the industry, this Company is ready to take the next big step in expansion. With the new ERCB rules for pipeline, transmission, and tank integrity, business (and the associated revenue) is quickly expanding past this Company’s’ existing abilities, and is ripe for new leadership and vision to exploit the reputation and competencies of a stable industry supplier. This extremely mobile, easily relocated, self contained, experienced and well trained (including three full time and three seasonal employees) contractor is being marketed with a full compliment of well maintained and superbly outfitted equipment including trucks, compressors, nozzles & hoses, manlift, bunk houses & camp equipment, trailers, generator and associated tools. With revenue potential for 2010 well in excess of $1 million – with an accompanying enviable net return, it is a highly attractive asset to acquire, either for expansion for an existing operator, a sandblasting operation looking to add a mobile component, or for a welding, machine shop, fabricator, etc., to diversify into an additional, or complementary, revenue stream. Available to qualified Buyers, are the Company’s Financial Statements for the last five years, a capital asset and equipment list, and a revenue projection for the next five years. Additionally, the current owner has expressed a strong willingness to aid in any ownership transition by offering to remain with the Company as an advisor to the new ownership, and even continue into the future as a seasonal employee. Please contact me at your convenience to further explore this attractive and exceptionally lucrative acquisition.


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