Premier Oil Field Service Business

This is a rare opportunity to acquire a well-established oil field service business. The business operates in a small B2B niche and provides service to all the major oil producers in Southern CA. For the last 15 years, the Company has increased its market share eliminating most, if not all, of the competition. This is a turnkey operation and the Sellers are open to staying on in their current capacity. With oil prices rising, little competition and high barriers to entry, this business is poised for solid growth in the coming years. HIGHLIGHTS: *Loyal and skilled labor *Quality heavy equipment and trucks *Large inventory of parts *Centrally-located repair center with a large, fenced yard for all of the equipment *A loyal, recurring customer base with low customer revenue concentration *Limited competition and high barriers to entry *Sellers are open to continuing to work for the business *2019 financial information provided. Location: Los Angeles County, California Year Established: 2006 Number of Employees: 12 Real Estate: Leased Building Sq. Ft.: 4,000 Rent: $8,820.00 Per Month Lease Expiration: 3/31/2023 Facilities: 4000sf warehouse with large yard on 25,000sf lot. Centrally located and close in proximity to oilfields. Market Outlook/ Competition: Very little competition in the Southern California market.