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Oilfield Service Company Supplying Skilled Personnel & Tools to Oil Producers and Water Well Driller

Client ID:  D-53889 MA Advisor:  Mark Breheny
Location:   MS MA Advisor Email:  mbreheny@genequityco.com
Business Category:  Choose One MA Advisor Telephone:  972-232-1189

Asking Price:  $000,000 Year Business Started:  0
Revenue:  $2,000,000 Year Established:  1985
Ebitda:  $190,000 Employees:  10
Cash Flow:  $390,000 Relocatable:  NO
Seller Financing: ################ Real Estate Status:  Leased
Feature1:  • Reviewed financial statements: Management hires an independent accounting firm to provide reviewed financial statements thus providing greater assurance as to the accuracy of the Company's financial statements
Feature2:  • Opening new federal lands to oil exploration: Much of the remaining oil and gas resources in the US to be discovered – 78% of the oil and 62% of the gas – are expected to be found beneath federal lands and coastal waters
Feature3:  • National goal to reduce dependence on Middle East oil: The US government has set a goal to reduce dependence on Middle East oil by 75% by 2025. Achieving this will require expanding US oil and gas production

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Business Summary

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Management Transition

Owner willing to stay on for a period of time to ensure a smooth transition given an acceptable compensation package

 

Market Outlook