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This company is a well-known and profitable oil and gas service company operates in West Texas. The company’s primary services consist of general oilfield hauling services, flatbed trucking and equipment hauling, hot shot quick hauling, forklift services, and heavy hauling services. By utilizing the company-owned location, the company is using over 1,500 square feet of office and shop space to maintain equipment, train team members, and acquire customers using the included office space. They are well-known in the industry for providing quality services with an on-time guarantee. Since its inception, the company has grown exponentially, with the majority of its revenues coming from repeat business and strategic capitalization in its geographic market. The company’s customer base includes many nationwide accounts, as well as accounts throughout the Southwestern United States. The current ownership previously sold the business in 2013, and re-acquired the business in 2015, and have continued its growth trend since that time. In 2018, the company’s total revenue was $5,927,900, with Seller’s Discretionary Earnings of $636,400. 2019 revenue was $7,223,300 and SDE of $1,217,800. However, the forecast for 2020 anticipates revenue to be $3,500,000. The ownership believes that its quality reputation, service, operational capabilities, and diversity in the marketplace has attributed to the company’s continued success.
Asking price of $4,000,000
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