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Oil And Gas Equipment Rental Company For Sale

Houston, Texas, US
Asking Price:
On request
Sales Revenue:
$3,906,000 (USD)
Cash Flow:
$3,028,000 (USD)

Key aspects
· Strong customer relationships which result in nearly 100% repeat customers.
· Total revenue for 2018 substantially higher than the previous year's numbers and is projected to continue increasing in 2019, per management.
· High net profit margins based on strategic management of expenses.
· Brand new, low maintenance equipment, translating in low overall repair costs.
· Strategically located near basins experiencing large growth in oil and gas production.

Shareholder/owner objectives
The company has three owners who have active roles in day-to-day operations. Two are willing to remain with the company for a period to ensure a smooth transition and allow potential acquirers to maintain existing relationships. The third expects to make a full exit. All three are open to various deal structures.

Property Information

Location:

Headquartered
Houston, Texas

Premises Details:

Real estate
The company leases office space in Texas from a related party. The lease is assumable by new ownership. The property is not expected to be part of the sale.

Business Operation

Expansion Potential:

Opportunities
· Opportunity to greatly increase revenue with addition of a dedicated sales staff.
· A capital investment would allow the business to purchase a wider variety of equipment to increase rental offerings.
· Further expansion into sectors of Oil and Gas that are experiencing massive growth.

Competition / Market:

Current markets
The company's main business originates from oil and gas production companies in West Texas, South Texas, Louisiana, and Oklahoma. There is also a presence in Pennsylvania and Ohio.

Contact Information

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