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Pipeline Construction And Maintenance Company For Sale

Texas
Asking Price:
$4 (USD)
Sales Revenue:
$22,386,000 (USD)
Cash Flow:
$5,078,000 (USD)

A construction and maintenance Company whose major revenue source is contracts for oil and gas pipelines, gathering lines, installation of surface production equipment, maintenance of pipelines and service facilities, hourly roustabout and welding projects for major oil companies. They are D.O.T. certified to do construction, maintenance and rig welding. Legislative and regulatory changes affecting pipeline construction and maintenance coupled with increasing consumer demand for natural gas create long-term prospects for strong, continued growth.
The Company currently operates primarily in the Permian basin region in New Mexico and Texas, where much buzz is occurring in many industry reports. For example, International Business Times recently published an article titled “Nearly $1 trillion worth of Oil found In Texas, largest deposit ever discovered in the United States. US Geological Survey (USGS) said that it assessed in Texas the largest oil deposit ever discovered in the country ”.
This is neither an offer to sell nor a solicitation to sell securities.

Property information

Real Estate:

Lease

Location:

Near largest deposits of oil and gas reserves in U.S.

Premises Details:

The facilities and land currently being used are owned by an affiliate of the Company. They are not contemplating selling the property as part of this transaction. The property can be leased, at market rates for a negotiable time period.

Business Operation

Reasons for selling:

Retirement

Employees:
80

Other Information

Support & training:

Sellers will remain for a reasonable transition period and sign a covenant not to compete

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Financing depends upon other terms of offer

Relocatable:
This business can be relocated.

Contact Broker

Contact Information

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