Oil Drilling Service For Sale - Oklahoma, OK

PROFILE: High Growth Oil Drilling Services Company Has An Outstanding Reputation.

AD/LISTING INFORMATION
Status: Available
State: Oklahoma
Location: Oklahoma
County: None Given
City: None Given
Primary Category: Service Related
Alternate Category:   None Given
CONTACT INFORMATION  
USABizMart Ad #:  119221
Seller Or Contact:  Sherry Bentley
Primary Phone:  310-291-9229
Alternate Phone:  888-279-0647
Email Address:  See Form Below
Date Ad Started:  11/11/08
Date Ad Last Revised:   11/11/08

FINANCIAL INFORMATION
Asking Price: Call/Email
Down Payment: Call/Email
Annual Revenue: $15,000,000
Annual Adjusted Net: $5,500,000
   
DETAILED INFORMATION
Franchise: No
Relocatable: No
Home Based: No
Lifestyle: No
Real Estate Included: No
Bkr To Bkr Cooperation: Yes

DESCRIPTION: This Is A Set Conductor For Oil And Gas Drilling Rigs Serving The Oklahoma, Texas And Kansas Market Areas. They Are Growing. They Have Developed An Excellent Reputation In A Short Amount Of Time. Revenue Has Doubled Since 2004. Annualized Cash Flow For This Year Is Expected To Come In At $5 Million And Revenue At More Than $15 Million.

Facilities: This Company Operates Out Of Three Shop Buildings On 10 Acres. They Also Operate Out Of Two Rented Yards. The Land And Building Are Available For Sale At Appraised Value.

Competition: Business Has An Outstanding Reputation.

Growth And Expansion: Potential To Harness The Reputation And Market To Other Oil Companies.

Support/Training: Owners Are Willing To Train, And May Be Willing To Stay With The Company.

Reason Selling: Semi-Retirement, But Owners Are Willing To Stay On For At Least One Year.

Year Established: 2003

Employees: 22

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