Wholesale Oilfield Supplies – Includes Inventory of $4M!

This company is a provider of wholesale oilfield supplies to oil and gas customers in Texas, Oklahoma and New Mexico. Product offerings include Netting, Seating Cups, Cone Packing, Composition Rings, Pressure Actuated Rings, Fluid Seal Packing and many other oilfield products.

The owner started the business in 2001 and has operated it in west Texas for 25 years. He manages the day-to-day operation of the business, assisted by a minority shareholder/employee who is the General Manager of the business. The GM is desirous of staying on after the sale.

The company enjoys a deep, long-term customer base with frequent repeat orders. Revenue and net income are up and steady the last several years through year-to-date 2025.

The company operates from a 28,000 sq. ft. warehouse on three acres in west Texas that is centrally located to most of the customer base. Two salespeople manage the sales to new and existing customers, and three commission-only independent sales reps are positioned in Texas, Oklahoma and New Mexico.

The Owner is ready to retire but will agree to remain onboard for a transition period to ensure a successful transition to a new owner. The GM knows the business very well and will remain in his current position or one of elevated responsibility if the buyer desires.

The BUSINESS PRICE is $18,500,000 including $2m+ A/R and $4m+ inventory. The Business Tax Returns and P&Ls are very clean, accurate and reflect each other.

The REAL ESTATE price is $2,900,000. It is 28,000 sq. ft. on multiple adjacent legal lots that total 3.1 acres. There is 26,000 sq. ft. of warehouse space and 2,000 sq. ft. of office space.
Alternatively, the Seller will lease the property for $12,000 per month + taxes and insurance.

TERMS:
*Cash-free Asset Sale.
*Earnouts or holdbacks will not be considered.
*Working capital is provided through A/R and inventory only.

*Evidence of funds available to transact is required prior to providing confidential financial data. We require financial institution statements illustrating funds on hand, or pre-approved financing documentation from a licensed lender. Please do not pursue this project without evidence of funds.

*Principals Only. Inquiries from 3rd party searchers, admins or other non-qualified persons will not be responded to. No phone calls please. We cannot discuss the company or provide financial information without a signed NDA and financial statement on file. Please email us for an NDA and financial statement to be completed and returned for further information.

Down Payment: N/A

Total Sales: $13,222,694

Cash Flow: $2,979,270

EBIT: N/A

EBITDA: N/A

Accounts Receivable: N/A

FFE: $840,855

FFE Included: Yes

Inventory: N/A

Inventory Included: Yes

Year Established: 2001

Non-Owner Payroll: N/A

Real Estate: N/A

Monthly Rent: N/A

Type of Location: Industrial showroom & Warehouse

Reason For Sale:

retirement

Training & Support:

As needed for transition