This is an Oilfield Equipment Distributor/Supply Company. They no longer manufacture products. The seller will stay on for approximately 3 years at a very reasonable compensation. The company was started to capitalize in Fracking Technology, parts and related services. They have expanded to include support of Wellhead servicing needs. They offer Gate Valves, Crosses, Spools, Flanges and Parts. During the energy boom this company was doing nearly $12 million dollars in 2014 with a profit of nearly $3 million dollars. They are down now to over $2.3 million dollars with a profit of over $800,000. Therefore, GREAT PROTENTIAL FOR A NEW OWNER!
|Listing #:||2366||Asking Price:||$2,800,000|
|Business Type:||Oielfield Equipment Supply||Sales Volume:||$2,308,163|
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