Oil and Gas Equipment Rental Company
A well testing and flowback equipment rental company, specializing in providing sand management equipment. It serves companies operating in oil and gas.
- Strong customer relationships which result in nearly 100% repeat customers.
- Revenue in 2020 is estimated to potentially reach $3 million, dependent on industry conditions
- High net profit margins based on strategic management of expenses.
- Brand new, low maintenance equipment, translating in low overall repair costs.
- Strategically located near basins experiencing large growth in oil and gas production.
- Opportunity to greatly increase revenue with additional dedicated sales employees.
- A capital investment would allow the business to purchase a wider variety of equipment to increase rental offerings.
- Further expansion into sectors of Oil and Gas that are experiencing massive growth.
|Adj. EBITDA *||132||1,864||3,035||1,935|
* Earnings before interest, tax and depreciation (non-cash item)