Oil Field Fishing & Rental Tools - $4, 500, 000 Sales
Location:
United States
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Louisiana
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South Louisiana
Industry: Retail > Other Retail
Business Summary
This company is about 45 years old and is the regional industry leader in the oil field fishing and tool rental business. The company has an owner that is ready to retire. The company is full service and has a niche in providing those hard to find items. There are multiple locations strategically located throughout South Louisiana. The real estate for these locations has a combined 33 acres +/- of commercial land total, and 50,400 square feet +/- of building space. All of which are included in the sale. The company has an extensive inventory and furniture, fixtures, and equipment. The owner is willing to sell the company for the value of the assets, if not a little less. The seller is highly motivated to sell the company and will consider some possible seller financing. This is an excellent buy for the serious company looking to expand in the industry. Come see, you will be impressed.
Financials
Asking Price Range: $20.0M - $35.0M
Gross Revenues:
$6,500,000
Cash Flow:
$1,200,000
Cash Flow Type: Sellers Discretionary Cash
Inventory: $20,000,000
Seller Financing: Not Disclosed
About The Business
Year Established: 1961
Number of Employees: 20 - 34
Relocatable: No
Franchise: No
Current Real Estate: Owned
Property: Property For Sale
About The Sale
Management Training and Support: Seller will thoroughly train new owner in operatio
Reason For Selling: Retirement
Click on the "I'm Interested" button above for more information on this Retail > Other Retail business for sale.
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Print Listing Id: 70010640
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