Business For Sale; 13 -- Oil & Gas Extraction; OIL WELL SERVICES - HYDRO/MAGNETIC SCANNING.The March Group currently represents an oil field services company providing hydrostatic pressure hydrostatic pressure The pressure exerted by a fluid at equilibrium at a given point within the fluid, due to the force of gravity. Hydrostatic pressure increases in proportion to depth measured from the surface because of the increasing weight of fluid testing (60% of 2007 revenue) and magnetic scanning (40%) of down hole tubing, which is utilized in oil and gas wells. An excellent reputation built through superior professional service, emergency after hour and weekend service, a well-trained staff and state-of-the-art equipment has positioned this already highly profitable Company for exciting growth possibilities. In 2007, the Company posted EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) A metric used to show a company's profitability, but not its cash flow. EBITDA became popular in the 1980s to show the potential profitability of leveraged buyouts, but has become of $745,000 on revenues of $2.3 million, with projected EBITDA of $1.3 million on revenues of $3.8 million for 2008. Loyal account base of approximately 20 customers, with 100% of 2007 revenue generated from repeat business. Boasts a solid team of well-trained and loyal employees, providing services 24 hours a day, seven days a week. Currently operating a total of twelve testing trucks and four scan trucks, with additional trucks added as needed as needed prn. See prn order. to meet demand. Largest service provider of its kind within a 200-mile radius of the Company's headquarters. Holds contracts with top oil companies in the U.S., including Chevron, Exxon and Apache Apache (əpăch`ē), Native North Americans of the Southwest composed of six culturally related groups. They speak a language that has various dialects and belongs to the Athabascan branch of the Nadene linguistic stock (see Native American . Business is currently generated through word-of-mouth, customer referrals and networking within the local community, leaving open several avenues for growth through marketing. Gross Annual Sales: $2,300,000 Region: Southwest (AZ NM OK TX) Listing #:47628 (B) [To receive the contact name for this listing, reference the five-digit number which follows each listing and e-mail to FirstList, mergers@firstlist.com. FirstList will forward the contact pertaining per·tain intr.v. per·tained, per·tain·ing, per·tains 1. To have reference; relate: evidence that pertains to the accident. 2. to the principal or intermediary Intermediary See: Financial intermediary intermediary See financial intermediary. representing the business for sale.] |
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