Oil & Gas Company Providing Workover Services

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Building & Construction Businesses for Sale

  • Primary Category: Heavy Construction Businesses for Sale

Oil & Gas service company based in East Texas is available for acquisition. This business provides well workover services, which include maintenance and repair operations on existing wells. It focuses on maintaining and optimizing well production by performing critical tasks such as repairs and plugging services.
In addition to these services, the business is known for its commitment to safety and reliability in the highly demanding environment of oil and gas operations. Their team is experienced and able to tackle various challenges associated with well maintenance.

Through these services, this business helps oil and gas operators extend the life of their wells and improve production efficiency, making it a key service provider for the East Texas energy sector.

Location: East Texas
Asking Price: $7,750,000
Gross Revenue: $6,160,000
Cash Flow (SDE): $1,335,000
EBITDA: $1,335,000
FF&E (FMV of Equipment): $5,000,000

Strengths and Uniqueness of the Business
• Great Reputation
• Highly Dedicated & Experienced Employees
• Loyal Customer Base

Reason for Selling: The owner wishes to retire.

Financial Information

  • $7,750,000 Asking Price
  • $1,335,000 Cash Flow
  • $6,160,000 Gross Revenue
  • N/A Down Payment
  • $1,335,000 Adjusted EBITDA

Business Location

  • City: East Texas
  • State: Texas

Reason for Sale

  • Retire

Detailed information

  • Year Established:
  • Home Based: No
  • Franchise: No
  • Relocatable: Yes
  • Lender Prequalified: No
  • SBA Prequalified: No
  • Full-Time Employees: 41
  • Part-Time Employees: N/A
  • Contractors: N/A
  • Owner Worked Hours/w: 40
  • Inventory Included: No
  • Inventory Value: N/A
  • Monthly Rent: N/A
  • Real Estate Available: Yes
  • Real Estate Included: No
  • Real Estate Value: N/A
  • Building Size: 1500
  • FF&E Included?: Yes
  • FF&E Value: $5,000,000

Real Estate Description

  • small office building with 5 acres of land
Business Listed by
image of Chris Sater
Chris Sater
Sunbelt of Shreveport
Email Chris
Show Phone Number
Listing ID
SHREVLA001-56159
License Number
# SALE.0995698288-ACT

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