Primary Category:Other Service Businesses for Sale
This well diversified oil field services business has been operating for 37 years and the owner is ready to retire. They have multiple locations and do business in multiple states. They have a huge fleet of trucks and equipment, a staff of highly trained employees, as well as an experienced management staff in place.
Seller’s discretionary earnings for 2023 was $667,434! According to the seller this business is priced well below asset value. Don’t miss out on this opportunity as seller believes the business is primed and ready for the lithium market.
Interested parties will be required to state amount and source of funds. Detailed information will be provided by completing a confidentiality agreement and may be obtained by contacting Scott at [email protected] or 501-681-0741.
Financial Information
$2,575,000
Asking Price
$667,434
Cash Flow
$4,822,000
Gross Revenue
On request
Down Payment
Yes
Financing
On request
Adjusted EBITDA
Business Location
City:
Arkansas
State:Arkansas
Financing Comments
The seller of this turnkey business will provide training and will consider financing a small portion for a qualified buyer.
Reason for Sale
Retirement
Detailed information
Year Established:1987
Home Based:No
Franchise:No
Relocatable:No
Lender Prequalified:Yes
SBA Prequalified:Yes
Full-Time Employees: 27
Part-Time Employees:N/A
Contractors:N/A
Owner Worked Hours/w:N/A
Inventory Included: Yes
Inventory Value:
$150,000
Monthly Rent:
$6,500
Real Estate Available: Yes
Real Estate Included: No
Real Estate Value:
On request
Building Size: 13500
FF&E Included?: Yes
FF&E Value: $3,525,000
Training/Support
Seller will negotiate a transition period
Facilities
Buyers may rent the 3 parcels of real estate for approximately $6,500 per month or the real estate may be purchased for additional cost. No adjustment has been made to the seller’s earnings for a rental or purchase.