Hot Listing

Well-Established Oil and Gas Service Company - Workover Rigs

Asking Price$7,750,000

Cash Flow
$1,335,000

EBITDA$1,335,000

Gross Revenue$6,160,000

InventoryNot Disclosed

FF&E$5,000,000
Included in asking price
listing imageSave
Hot Listing

Well-Established Oil and Gas Service Company - Workover Rigs


Asking Price$7,750,000

Cash Flow
$1,335,000

EBITDA$1,335,000

Gross Revenue$6,160,000

InventoryNot Disclosed

FF&E$5,000,000
Included in asking price
Business Description
Oil & Gas service company based in East Texas is available for acquisition. This business provides well workover services, which include maintenance and repair operations on existing wells. It focuses on maintaining and optimizing well production by performing critical tasks such as repairs and plugging services.

In addition to these services, the business is known for its commitment to safety and reliability in the highly demanding environment of oil and gas operations. Their team is experienced and able to tackle various challenges associated with well maintenance.

Through these services, this business helps oil and gas operators extend the life of their wells and improve production efficiency, making it a key service provider for the East Texas energy sector.

Location: East Texas
Asking Price: $7,750,000
Gross Revenue: $6,160,000
Cash Flow (SDE): $1,335,000
EBITDA: $1,335,000
FF&E (FMV of Equipment): $5,000,000


Strengths and Uniqueness of the Business
• Great Reputation
• Highly Dedicated & Experienced Employees
• Loyal Customer Base

Reason for Selling: The owner wishes to retire.
About the Business
Real Estate
Owned or Leased
Leased
About the Sale
Seller Motivation
Retire
Listing Info
ID
2307536
Listing Views
4317

Contact Seller

By clicking the button, you agree to BizQuest's Terms of Use and Privacy Notice.

Business Listed by: Chris Sater Sunbelt Business Brokers

Listing ID: 2307536 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.