Reseller of Industrial Process Equipment for Oil and Gas

Asking PriceNot Disclosed

Cash Flow
Not Disclosed

EBITDA$3,512,000

Gross Revenue$10,098,000

InventoryNot Disclosed

FF&ENot Disclosed

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Reseller of Industrial Process Equipment for Oil and Gas


Asking PriceNot Disclosed

Cash Flow
Not Disclosed

EBITDA$3,512,000

Gross Revenue$10,098,000

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
The offering consists of two entities operating collectively to provide synergistic benefits. The first entity has been in business for over 26 years and is a buyer, repairer, refurbisher, lessor, and reseller of industrial process equipment, specialized for the petrochemical and oil & gas industry. The second entity has the same principal and is the property manager of the industrial complex from which both businesses, as well as several other tenants, operate.

Key Aspects
· National Board of Boiler and Pressure Vessel Inspection (NBBI) “R” certified for pressure vessel repair.
· Competitive advantage by offering both sale and rental equipment allowing maximum flexibility to the client.
· Strong rental fleet for reoccurring revenue streams.
· Able to source competitive inventory & components by refurbishing new surplus and used equipment, with better delivery times of 6 to 8 weeks compared to 6 to 9 months.
· Company currently operates with minimal ownership management.

Opportunities
· The property is not fully utilized, allowing for expansion for additional tenant income or capacity to support Company business.
· Current business has sustained significant growth with minimal sales and marketing efforts. Addition of key sales efforts could contribute to overlapping industries and significant growth.
· Expansion into other equipment types would be relatively easy with minimal cost additions.

Headquartered
· Texas, U.S.

Current Markets
· The Company provides industrial process and production equipment to various energy and oil & gas enterprises as well as chemical plants throughout the United States.

Real Estate
· Both entities operate from a 135,000 total square-foot crane serviced facility, within a 19.7-acre industrial complex accommodating six buildings. The buildings consist of office, warehouse, modular fabrication, and storage yard space that facilitates easy shipping of large equipment and components. Portions of the property are leased to other tenants that brings in extra revenue.

Shareholder Objectives
· The Company is fully owned by two shareholders who are seeking retirement and an eventual full exit. One owner is active and open to remaining for a negotiable period to facilitate the transition of the Company. The second owner is a silent shareholder with no day-to-day duties.
About the Business
Real Estate
Owned or Leased
Leased
Listing Info
ID
2318206
Listing Views
893

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Business Listed by: Amy Alonso Benchmark International

Listing ID: 2318206 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.