Profitable N. Texas Oil & Gas Manufacturer Focused Custom Molded Rubber Products

PURCHASE INCLUDES REAL ESTATE WITH RENTAL TENANTS

This 43-year-old company, based in North Texas, serves the gas and oil industry by providing high-quality custom molded rubber products. The Company manufactures rubber gaskets, oil and gas well parts and supplies, and other molded rubber parts. The Firm’s business philosophy is directed at total customer satisfaction by providing every customer with the quality and attention they deserve. The foundation of the Company’s business is focused on oilfield-related rubber products. The Firm has concentrated its efforts on this industry segment for more than a decade now, over which time it has earned a reputation for producing top-quality parts and providing excellent customer service. Though the Company primarily focuses on the oil & gas industry, it also provides other custom molding products to a variety of industries outside of oil & gas as well.  From the drawing board to the final product, whether for a single piece or thousands, the Company prides itself on its ability to provide high-quality parts on time at very competitive pricing. The Business is supported by a dedicated and highly experienced workforce boasting an average tenure of over 19 years.

The Company operates out of a 20,000 sq. ft. stand-alone facility on seven acres of land near a busy thoroughfare. The Business operations are segregated into three areas including manufacturing & production, warehousing & storage, and office & administration. The site also offers plenty of on-site parking for its workforce. In addition to the manufacturing operations, the Firm owns several additional buildings on the site which provide for an additional 25,000 square feet of commercial and retail rental space. Most of the tenants are long-term renters with multi-year agreements in place. The current leases provide the Company with nearly $100,000 of ancillary income annually.