30-Year Established Industrial Equipment Sales & Service #052302

  • Sold

About The Opportunity

  • Business is distributor and servicer of specialized air & gas compressor systems.
  • Majority of revenue is from service to compressed air and gas systems for major and independent oil companies.
  • In business with same owners for over 30 years.
  • Ideal buyer for this business is a company already involved in the oil field support trades .

Value Proposition

  • Sale price of $600,000 includes approx. $85k Inventory plus $200k FF&E and 6 company vehicles.
  • Revenue split is 70% air products/services, 30% gas products/services.
  • Capable and experienced technicians in place.
  •  Growth all via word-of-mouth with no marketing. 
  • Owners are ready to retire, but one owner is willing to remain in employee/consulting capacity to ensure smooth transition.

Other Important Information

Owners had a difficult year in 2016 due to losing a top customer and a drop in oil prices (customers postponed maintenance).  2017 was also an unusually bad year due to embezzlement by a former employee.  

Owners expect 2019 to mirror 2017 numbers due to rising oil prices and strong job pipeline at beginning of 2019.

Avg Revenue = $1.5M

Avg SDE = $255,000

By The Numbers

2015201620172018
Revenue$2,051,443$1,355,252$1,366,527$1,237,424
SDE$440,883$142,042$307,908$128,780

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