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Financing: $8,100,000.00 Down and Reason for Selling:Other business interests This highly reputable pipeline construction company is perfectly situated to provide services in one of the most favorable Oil & Gas markets in the US.
It is owner operated and provides a full suite of services to upstream, midstream and downstream markets.
The company specializes in laying small diameter pipe (4’-15’) for gathering systems all over west Texas.
The company provides fabrication services for high quality compressor stations construction. High efficiency, competitive rates without compromising quality are core to the company’s strategy.
The company also provides full-service integrity management crews for all rehabilitation projects.
Revenue is generated through on-going strong relationships with key partners in the sector.
With approx. 30 MSA’s in place the company is on a steep growth trend through bid work across the region, pad site remediation/rehabilitation as one of the largest revenue opportunities at this time due to shifts in the sector.
The company’s large diverse inventory of equipment allows it not only to handle all its core business, but also many niche opportunities from dirt work to providing rental services to other operators in the area.
The company was first established in 2018 and manages a staff of 56-70 seasoned motivated, skilled and tenured employees.
Safety is the highest priority, and all staff are required to participate in ongoing safety and skills-based programs for their roles.
With no safety related incidents since its inception the company maintains a very high safety rating.
Staff includes teams of skilled job site laborers and supervisors that handle day-to-day operations in the field.
The owner is involved in the day-to-day oversight and key decisions but has a well-trained staff in place which allows him to focus on other business interests.
The owner is selling in order to allow him to focus on his other business in preparation for retirement.
Gross Revenue is based on YTD revenue and scheduled work through the end of the year.
To learn more, please contact the broker Derek Jones at 682-294-1047.
In addition, please register with the listing number above by going to vestedbb.com, enter this number into the search bar, expand the listing, click on “view free financials”, fill out the short contact form and you are registered. This is our electronic non-disclosure agreement. Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers. |
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Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller. |
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