Premier Oil Field Service Business

Financial Information

  • Asking Price: $3,000,000
  • Gross Revenue: $3,456,359
  • Cash Flow: $863,000
  • Down Payment: 0
  • FF&E (Included): $2,200,000
  • Inventory: N/A
  • Financing: No

Business Location

  • Confidential
  • California
Primary Business Category: Mining

This is a rare opportunity to acquire a well-established oil field service business. The business operates in a small B2B niche and provides service to all the major oil producers in Southern CA. For the last 15 years, the Company has increased its market share eliminating most, if not all, of the competition. This is a turnkey operation and the Sellers are open to staying on in their current capacity. With oil prices rising, little competition and high barriers to entry, this business is poised for solid growth in the coming years.


Competition Description

Very little competition in the Southern California market.


Support / Training Comments

Seller will provide training and support for 4 weeks up to 30 hours per week. Also, both Owners are open to staying with the business in their current capacity or being used as consultants.


Financing Comments

Financial information from 2019


Reason For Sale
Partial retirement
  • Home Based: No
  • Year Established: 2006
  • Franchise: No
  • Year Acquired: 2006
  • Willing to Train: Yes
  • Relocatable: No
  • Required Licences:

  • Is Property Leased: Yes
  • Real Estate Available: No
  • Real Estate Included: No
  • Real Estate Value: N/A
  • Fulltime Employees: 12
  • Part time Employees: N/A
  • Is Management Staying: Yes
  • Distressed: No
  • Monthly Payroll: $0
  • Building Size: 4000 sq ft
  • Parking: 25,000 sf lot
  • Monthly Rent: $8,820
  • Lease Expires: 03/31/2023
  • Transaction Type: Buyout or Acquisition
  • Investment Type: Equity
  • Transaction Fee: Paid by Seller

Contact Business Broker

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Business Listed by

Sunbelt Los Angeles/Whittier

Contact: John Moser
Office Phone: 562-758-1150
Mobile Phone:
Listing ID: LOSWHIT001-N57

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Disclaimer: No salesperson, field representative or other person has the authority to make a statement, promise or assurance concerning any matter related to the franchise that is contrary to, or different from, the information/terms contained in the Franchise Disclosure Document/Franchise Agreement. Any such statement, promise or assurance is unauthorized, unwarranted and unreliable. If you believe someone has made an unauthorized statement, promise or assurance to you, please contact Jessica Czekalinski, Esq. at 216-674-0645 ext. 619.