Business for Sale
Midwest Oifield Supply Company |
| Midwestern region, ---Midwest |
| The company is essentially a supplier of components and equipment used to build, remediate, and upgrade oil and natural gas infrastructure including wells and pipelines. Operating out of multiple Midwestern locations., this company supplies, fabricates, welds and repairs all of the equipment and parts required to build and maintain oil and natural gas wells including pipe, casing, tubing, rods, pumping units, fittings, valves, poly goods (tanks/pipe), customized/refurbished pumping systems and components, and other expendables and miscellaneous parts. This company is in a great position to capitalize on many new avenues of growth in the oil & gas space. A variety of factors will drive strong growth in gas and oil-related infrastructure in its region. The Company’s current customers are planning and implementing significant expansion projects. The expected increasing onshore, domestic activity will add even more growth for the company over the next several years. Established key management in place for ownership transition (owner(s) are positioned for exit). The Company has garnered a significant share of market in its region. The company has been a leader for 20+ years. |
|
Financials |
| Price: $0 |
| Gross Income: $10,354,932 |
| Cash Flow: $1,508,531 |
| FFE: $1,020,645 |
| Inventory: $4,301,482 |
| Real Estate Value: $0 |
About the Business |
| Office Reference ID: #04-16DL |
| Year Established: 1950 |
| Financing: |
| Training: THE OWNERS ARE IN A “PRE-RETIREMENT STAGE”, BUT WOULD BE WILLING TO STAY ON FOR ANOTHER 0-3 YEAR(S), AS NEEDED, TO ASSIST IN THE SUCCESSFUL OWNERSHIP TRANSITIONING. |
| Facilities: 15000 sq ft stand alone building |
| Competition: Because companies in the Oilfield Supply business are usually geographically concentrated, this company has only moderate competition in their region served, with more than 75% market share. |
| Growth: Expansion into other markets – The company has the opportunity to place facilities in other regions and ultimately expanding its footprint. Further, Natural Gas distribution has grown tremendously in their region. |
|
| Business Listed By |
| Name: D Curtis |
| Company: ABMI |
| Phone: 913-341-6300 |
|
| The information in this listing has been provided by the business seller
or representative stated above. BusinessToBuy.Net has no stake in the sale of this business, has not verified the accuracy, completeness, and assumes no responsibility for this advertisement. Read our Terms and Conditions for more information. |
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