Listing Information for
$3,500,000.00
Hot Oil Service - Oilfield
Description
This hot oil servicing company was established in 2004 and has built an excellent reputation. Hot oiling well and servicing them on rig jobs generates 40% of total revenues. Another 40% of revenues is generated from heating and treating oil in stock tanks after it comes from the well. The remaining revenues stem from heating Frac water for Frac jobs on new wells during the winter. This retail business is open 24/7 and can be run in an absentee manner. There are currently 3 full time employees and a management team is in place that is willing to stay on after the sale. There are no special licensing requirements to operate this business and the current owner agrees to stay through a reasonable transition period. This is a very competitive market and there are service contracts in place that will go with the business. To learn more about this business opportunity, contact one of our representatives today!