MAN1401

Texas-Based Machine Shop that Manufactures Oilfield Equipment

Southwest US
 

A custom machine shop that manufactures and provides turnkey oilfield equipment for OEMs in the Houston market. The company is a qualified vendor of choice for many of its products.

Key Aspects:

  • Long-lasting relationships with major OEMs in Houston market
  • In business for 20 years
  • Inventory valued at $600k
  • Skilled and experienced employees
  • Longevity of withstanding industry downturns

    Opportunities:

    • Invest in new equipment to improve efficiency
    • Increase sales and marketing
    • Expand reach to OEMs outside Houston
    • Rebound of Oil & Gas industry
       
       
       
      Year:

      2014

      Tax Rtns

      '000

      2015

      Tax Rtns

      '000

      2016

      Actual

      '000

      2017

      Actual

      '000

      Turnover7,2713,853796866
      Gross Profit:5,2313,107585582
      Adj. EBITDA *3,5842,160-7190
      * Earnings before interest, tax and depreciation (non-cash item)
       
      Price: £1,200,000