Texas Semi-Absentee Labor & Consulting Business
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A well-established specialty labor and technical consulting provider serving the upstream oil & gas industry, with an active multi-basin footprint across Texas, New Mexico, Colorado, North Dakota, Oklahoma, Pennsylvania, Ohio, and Louisiana. The company supplies completion consultants, production consultants, commissioning technicians, wellsite instrumentation & electrical (I&E) technicians/programmers, flowback operators, and lease operators/pumpers to major upstream producers and oilfield service companies, spanning completions, midstream, and downstream work (no drilling).
Highlights include 35 active Master Service Agreements with major upstream producers and oilfield service companies; ISNetworld and Veriforce safety/compliance certification, the qualification standard for this segment; an asset-light operating model with strong free cash conversion; roughly 87 field personnel plus an experienced administrative team, virtually all engaged on a 1099 basis; improving customer concentration, with a major new customer relationship having ramped from zero to a significant contributor this year; and simple, transparent back-office systems (QuickBooks + Excel) offering a short learning curve for a new owner. A committed field management team is willing to remain through and beyond a transition.
Annual revenue has run consistently in the $9M-$11M range in recent full years, with normalized Seller's Discretionary Earnings in the $1.3M-$2.0M range. A complete, multi-year, tax-return-documented financial history is available to qualified buyers upon execution of an NDA.
Highlights include 35 active Master Service Agreements with major upstream producers and oilfield service companies; ISNetworld and Veriforce safety/compliance certification, the qualification standard for this segment; an asset-light operating model with strong free cash conversion; roughly 87 field personnel plus an experienced administrative team, virtually all engaged on a 1099 basis; improving customer concentration, with a major new customer relationship having ramped from zero to a significant contributor this year; and simple, transparent back-office systems (QuickBooks + Excel) offering a short learning curve for a new owner. A committed field management team is willing to remain through and beyond a transition.
Annual revenue has run consistently in the $9M-$11M range in recent full years, with normalized Seller's Discretionary Earnings in the $1.3M-$2.0M range. A complete, multi-year, tax-return-documented financial history is available to qualified buyers upon execution of an NDA.
About the Business
- Years in Operation
- 8
- Employees
- 91 Contractors
All are 1099, includes 3 office staff, 2 field managers and 86 field guys - Currently Home Based
- Yes
- Facilities & Assets
- The business is asset-light, carrying a modest base of net fixed assets relative to annual revenue — reflecting a labor and technical-consulting model rather than heavy equipment ownership. Financial and operational systems are simple and transparent (QuickBooks plus Microsoft Excel), with no complex ERP platform, supporting a short learning curve for a new owner.
- Market Outlook / Competition
- The company operates in the specialty oilfield labor and technical consulting segment, providing personnel to major upstream producers and oilfield service companies across multiple basins. Safety-compliance certification (ISNetworld and Veriforce) functions as the real barrier to entry in this segment, rather than long-term contracts. New entrants face a genuine qualification hurdle to compete for this work. The business does not service drilling, which insulates it from the more cyclical, materials-procurement-driven side of the industry, and it maintains active relationships with multiple major operators rather than depending on any single long-term contract.
- Opportunities for Growth
- Meaningful white space to expand into adjacent service lines and additional basins with incremental capital investment. A new, large customer relationship is still ramping and is expected to be a durable multi-year contributor. The business has intentionally been run without outside capital or aggressive growth investment to date, leaving a buyer willing to invest a credible path to scale well beyond current levels.
About the Sale
- Seller Motivation
- Family/lifestyle reasons; profitable throughout; seller offers transition help.
- Transition Support
- Ownership is willing to remain in a paid transition/advisory role for several years post-closing to support a smooth handoff, and the company's field management team has committed to remain through and beyond the transition, providing strong operational continuity for a new owner.
- Financing Options
- Buyer down payment required; SBA/bank financing may combine with seller financing.
Listing Info
- ID
- 2558122
- Listing Views
Listing ID: 2558122 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.
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