Wholesale Distributor – Oilfield Supplies – Reduced For Sale - Business for Sale
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Oilfield Supplies Wholesale Distributor in West Texas
TX, US
Added today
Wholesale & Distribution - Oilfield Supplies
Absentee / Semi-AbsenteeRetiring Owner
This business is a wholesale distributor of oilfield supplies serving oil and gas well customers in Texas, Oklahoma, and New Mexico, operating from a 28,000 sq. ft. warehouse in West Texas.
Key Information
Asking
$14.9M
Revenue
$13.0M
Earnings
$3.0M
Multiple
4.9x
Key Highlights
- Business has operated in West Texas since 2001 (over 20 years).
- Customer base includes oil and gas well customers in Texas, Oklahoma, and New Mexico.
- Operations are based in a 28,000 sq. ft. office/warehouse on 3.1 acres; real estate is available for purchase at $2,900,000 or lease at $13,000/month + NNN.
- Sales team includes two salespeople and three commission-only independent sales reps.
- COO/GM is a minority shareholder and is willing to remain post-sale.
Contact Info
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