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Leading Oilfield Supply and Manufacturing Company for sale in Midwest, KS

Midwest, Kansas (KS)

Asking Price: Gross: Cash Flow:
$ 1,900,000 $ 3,424,154 $ 761,756

Furniture and Fixtures Value:
$ 485,443 (included in the asking price)

Inventory Value:
$ 1,000,000 (included in the asking price)

Real Estate:
$ 530,000 (included in the asking price)

Business Summary:
This company is an area leader in the Supply and Servicing of Oilfield Equipment, which is the vast majority of the company\'s Sales. However, the company also manufactures Truck Beds, to further service the needs of customers in the area. Having other \"offerings\" yields business diversification, but the company\'s main end-market or focus, nonetheless, is Oil & Gas. By having strong relationships with Oil & Gas producers in the region, the company could easily grow by adding additional locations outside of its current \"coverage area\". The increasing interest in on-shore drilling and clean energy will ensure this company\'s future is secure, as the bulk of the company\'s customers are Natural Gas-related in fact. Furthermore, the Truck Bed Manufacturing division boasts a quality product with a scalable business model, and just needs more of a Sales force to drive growth.

 

   
Year Business was Established: 1930
   
Number of Employees: 24FT  
   
Facilities / Terms of Lease: 3 separate buildings occupying 3 acres of land.  
   
Potential Growth/Expansion: The continued increase in interest in and demand for onshore drilling will keep this company growing for years to come. Furthermore, because the company is in a Natural Gas \"hotbed\", we believe more producers will migrate to this region in the coming years as Natural Gas remains a \"clean energy initiative\" focus. Additionally for growth, a new owner will want to expand and improve existing facilities, expand Inventory and services, buy direct when possible, grow \"e-sales\" and grow the Truck Bed dealer network  
   
Owner willing to train: Owner is willing to train buyer  
   
Reason for selling: Retirement  
   
Seller Reference Number: 06-28DL
BusinessMart.com Listing Number: 67533
 

 

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For more info contact:

D. Curtis *

ABMI- Mergers & Acquisitions
913-341-6300

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