Manufacturer –Threading Services for Oil Field and Water Well Pipe
Location: Texas
Industry: Manufacturing > Other Manufacturing
Financials
Gross Revenue: $6,809,000
Gross Revenue Comments: Trailing 12 Months
Cash Flow: $1,601,000
Cash Flow Comments: Recast EBITDA Trailing 12 Months
Inventory: $140,000 (Included in Asking Price)
FF&E: $2,000,000 (Included in Asking Price)
Real Estate: $3,050,000 (Included in Asking Price)
Seller Financing: None
Business Summary
Independent provider of threading services for the oil country tubular goods (OCTG) and the water well drilling industries with ISO 9001:2000 certification.
About the Business
Year Established: 1992
Employees: 75 full time -
Facilities: Five production buildings and one office building located on 61.5 acres of land, with room for expansion. Includes five (5) CNC machines and all ancillary equipment to support the operation at its current level of production.
Market Outlook and Competition: The company is recognized for its superior customer service and quality threading, which is done in accordance with ISO 9001:2000, which meets and exceeds American Petroleum Institute (API) standards, an organization that issues standards for the oil and gas industry in the United States. There is tremendous current and expected future demand for this company’s services. The company has grown at an average rate of 35% over the last five years by adding additional equipment to handle demand. The facility is currently running at full capacity and the company is turning away business. By adding new equipment, a new owner could easily continue to grow the revenues.
About the Sale
Management Training and Support: Negotiable
Reason For Selling: Retirement

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Listing Tools
BizQuest ID:894575
Seller ID:08003
Business Listed By
Name:Lawrence Schumann, CBI, M&AMI, Managing Director
Company:Corporate Investment
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