Nov 7, 2019 — Investment level: 875,000
Opportunity to purchase a busy and growing family operated business that provides mobile steam services for oilfield and other commercial and industrial purposes. This business can be operated as is or as a bolt-on to a business that provides related oilfield services (expansion of services and diversification of revenue).
Service categories include:
• Wellsite cleaning (buildings)
• Rig washing – Thawing pumps and valves
• Compressor coolers
• Equipment cleaning
• Clubroot sanitation management
• Thawing and sewer – Commercial and residential sewer lines
Though most of the business is derived from the Oil & Gas Industry this business is now expanding its revenue streams into the Agricultural, Forestry and Commercial sectors.
Sales (2016) 231,770 (2017) 580,074 (2018) 734,940
EBITDA (Normalized) (2016) 47,197 (2017)270,243 (2018) 301,397
This business provides buyers with:
• Strong growth and profitability since company inception.
• Several long-term work agreements to support stable revenue.
• A capable team of qualified and well-trained operators.
• Customers in both the private and public sector.
If you are searching for a business that shows continued growth, has the ability to be applied to other commercial sectors, and has great staff and owners in place to assist with a smooth transition, then this business should be on your must-see list.