Business Description:
Rapidly growing provider of sales and service for specialized natural gas compressor seals, oil and gas coolers, and compressor parts since 1985. Based in the Texas Panhandle serving clients in Texas, Colorado, Oklahoma, and Kansas. Core products and services are critical for safety and maintenance of oil and gas pipeline infrastructure; recent oil and gas volatility has had a minimal impact on sales and service revenue. Current portfolio of 35 clients with ~85% of revenue from repeat business. Team consists of two highly-trained repair specialists and a part-time bookkeeper. Addition of a highly skilled new manager in 2019 combined with increased outbound sales efforts have resulted in significant revenue growth and an expanded geographic presence. In-place management team is capable of continuing all day-to-day operations indefinitely without direct oversight post-sale. Current owner is passively involved in the business and will retire following the transition to new ownership.
Refer to File #72487CEH. Please respond with your name, email/mailing address and telephone/fax no. (s) so we may send a confidentiality agreement.
Listing Price :
Gross Revenue: $888,092
Cash Flow: $137,813
FF&E: $25,811
EBITDA: $137,813
Real Estate:
Included in Sale:
Primary Business Type: Business Services
Secondary Business Type: Oil and Gas Related
Year Established: 1985
Employees: 2FT, 1PT
Support & Training: Negotiable
Reason for Selling: Owner Ready to Retire
Office Reference ID: #72487CEH
Contact : Charles Harvey
Email: ae@ibectx.com
Phone: 512-310-2966
Photo: Burning gas stovetop in darkened room - closeup Photographer: D Coetzee Licenses: Attribution 2.0 Generic
"Texas Real Estate Commission Information About Brokerage Service",
"Texas Real Estate Commission Consumer Protection Notice."