Description

A custom machine shop that manufactures and provides turnkey oilfield equipment for OEMs in the Houston market. The company is a qualified vendor of choice for many of its products.

Key Aspects
· Long-lasting relationships with major OEMs in Houston market
· In business for 20 years
· Quality driven reputation
· Skilled and experienced employees
· Longevity of withstanding industry downturns

Opportunities
· Invest in new equipment to improve efficiency
· Increase sales and marketing
· Expand reach to OEMs outside Houston
· Rebound of Oil & Gas industry

Headquartered
· Houston, Texas

Market Currently Served
· Major oil service companies or OEMs (Original Equipment Manufacturer) in Houston, Texas.

Real Estate
· The company leases 8,750 sq. feet of industrial space from an unrelated third party.

Shareholder/ Owner Objectives
· Three shareholders seek a full sale of the company to pursue retirement and leisure time. The shareholders are willing to stay on for an agreed amount of time to allow for a smooth transition.