Start up Oil & Gas Manufacturing Co for SaleListing: #DL00064
About this Business for sale in TexasStart up Oil & Gas Manufacturing Co for Sale
Opportunity: A Profitable privately-owned company specializes in the engineering and manufacture of customized well testing and production equipment, used in midstream and upstream oil and gas transfer, processing, and exploration & production activities. The product line includes pressure vessels, modular fabricated facility equipment, separators, sand traps, manifolds, flares, gas scrubbers, and other equipment. The company manufactures ASME coded vessels, maintains U and R Stamps, as well as the National Board “NB” Stamp. The owner of the business has deep roots and great connections in the Oil and Gas Industry. This company opened their doors in February of 2018. They have standing orders to fill and thus far in 2019 they have increased production and delivery and are growing their bottom line on the positive side. This company is an excellent acquisition because of its strong adherence to promised delivery dates, vertically integrated production facilities and capabilities, as well as, future potential, solid experience, and a well-trained staff. The highly qualified management team is expected to remain with the company following the transaction.
Financial: A conservative Pro-Forma for 2019 has the company’s Total Net Revenue at $1,135,000.00 and for the YE 2020 at $2.5 Million! This is a GREAT opportunity to buy a company that has projections for future Net Revenues of over $5 million in just a couple years. The majority owner operator is willing to stay on with the new owners to guide and grow the company. For more information, please contact Tom Diedrich at LINK Business DFW at: firstname.lastname@example.org or via cell phone at 214-316-5882.
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.