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Manufacturer - Oil Patch Products - Business For Sale

Houma-Thibodaux, Louisiana, United States

Listing: 2212 | Ref: Unspecified | Agent: 148
Asking Price: USD $1,200,000.00
Gross Income: USD $600,000.00
Cash Flow: USD $400,000.00
Fixtures & Fittings: USD $20,000.00
Stock & Inventory: USD $250,000.00
Owner Financing: No
Terms of Sale: Unspecified
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Business Description

Nice, well established 12 year old manufacturing company produces a unique product for the oil patch. Company owns patent on the product. There is little competition for the product and the gross profit margins on sales are very generous. With the world wide boom in drilling for oil and natural gas, the future for this company is very bright. Company is easily relocatable but it would be best to be located in the mainstream oil patch. Any company with a sophisticated machine shop could produce these products. This would be an excellent “add on” product line for a company with a presence in the oil patch. Products are currently used by most of the oil field service companies and are available through most tool rental companies. A company with an international marketing presence that could market these products worldwide could very substantially increase sales. Seller has significant other business interests to which they would like to devote their full attention. Seller is motivated to sell and is open to offers. Seller will seriously consider and promptly respond to all reasonable offers. Give us a call for more information and this unique and exciting opportunity.

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