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Business for Sale Summary

Oil & Gas Construction Company for Sale in Texas - 36417

Business Type: construction heavy,electric, gas, water, sanitary svcs,misc. construction/non-classifiable,misc. service/non-classifiable,other business services,construction special trades
Oil & Gas Construction Company for Sale in Texas
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Financial Information (non-confidential)

General Information
Asking Price $8,100,000 Down Payment $8,100,000
Gross Revenues $10,000,000 Lease Remaining Register Free to View
Owner’s Cash Flow $691,000 Number of FT Employees Register Free to View

Financing

$8,100,000 Down and

Business Description

This highly reputable pipeline construction company is perfectly situated to provide services in one of the most favorable Oil & Gas markets in the US. It is owner operated and provides a full suite of services to upstream, midstream and downstream markets. The company specializes in laying small diameter pipe (4’-15’) for gathering systems all over west Texas. The company provides fabrication services for high quality compressor stations construction. High efficiency, competitive rates without compromising quality are core to the company’s strategy. The company also provides full-service integrity management crews for all rehabilitation projects. Revenue is generated through on-going strong relationships with key partners in the sector. With approx. 30 MSA’s in place the company is on a steep growth trend through bid work across the region, pad site remediation/rehabilitation as one of the largest revenue opportunities at this time due to shifts in the sector. The company’s large diverse inventory of equipment allows it not only to handle all its core business, but also many niche opportunities from dirt work to providing rental services to other operators in the area. The company was first established in 2018 and manages a staff of 56-70 seasoned motivated, skilled and tenured employees. Safety is the highest priority, and all staff are required to participate in ongoing safety and skills-based programs for their roles. With no safety related incidents since its inception the company maintains a very high safety rating. Staff includes teams of skilled job site laborers and supervisors that handle day-to-day operations in the field. The owner is involved in the day-to-day oversight and key decisions but has a well-trained staff in place which allows him to focus on other business interests. The owner is selling in order to allow him to focus on his other business in preparation for retirement. Gross Revenue is based on YTD revenue and scheduled work through the end of the year. To learn more, please contact the broker Derek Jones at 682-294-1047.

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Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.