Manufacturer of Oilfield Specialty Products

TRANSWORLD BUSINESS ADVISORS OF HOUSTON.LISTING REF# 76931-955226 Owner is retiring. Manufacturing & Distribution of a proprietary and branded line of Pumps, valves, and solid separation equipment. Manufactures equipment for many industries including wastewater treatment, industrial, paper & pulp, well water drilling, fracking, trucks, and cement blending. Sixty percent of the total customer base is located in the USA and the remainder located outside of the USA. 2021 Revenue of $16.4M, 2020 Revenue of $12.7M, and 2019 Revenue of $20.1M. 2021 Revenue projections ~$20.2M with an EBITA of ~$5.1M. Sales includes $10M worth of excess inventory at seller's cost. The corporate headquarters has 65-75 FT working employees in its three divisions year-round. Operates from a 140,000+ sq. ft. manufacturing and testing facility. Real Estate valued at approximately $12M is to be purchased in addition to the business sale price. Established for over 35 years. Part of an industry generating over $40 Billion per year. - Strong, market-leading product portfolio of pumps, valves, and solid separators that serves multiple industries. - Solid customer base and a wide global presence. - A healthy financial position with a strong track record of growth. - Robust R&D with resilient manufacturing and testing capabilities. - Highly skilled leadership and operating team with decades of industry experience. - Seller is looking for a full sale. State of the art assembly & testing facility with over 140,000+ SQ area. Facility also includes professional office space including offices, break room, and conference area. Location: Houston, Texas Number of Employees: 68 Real Estate: Leased Building Sq. Ft.: 140,000 Rent: $33,000.00 Per Month