VEN4084

Oil and Gas Equipment Rental Company

Southwest US
 

A well testing and flowback equipment rental company, specializing in providing sand management equipment. It serves companies operating in oil and gas.

Key Aspects:

  • 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.

    Opportunities:

    • 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.
       
       
       
      Year:

      2016

      Internal

      '000

      2017

      Internal

      '000

      2018

      Internal

      '000

      2019

      Internal

      '000

      Turnover3502,3673,9062,882
      Gross Profit:3502,3673,9062,882
      Adj. EBITDA *1321,8643,0351,935
      * Earnings before interest, tax and depreciation (non-cash item)
       
      Bids Invited