Business Overview

This established well products fabrication company has been serving the Tulsa Metro area for over 40 years. With a reputation for quality production and meeting deadlines, the company has consistently exceeded customer expectations. With both fabrication and assembly, the current ownership benefits from consistent repeat business and referrals. Excellent opportunity for expanding current fabrication capabilities. Tulsa’s economy, driven by increased demand from the oil & gas industry, has positioned this company for additional growth under more aggressive ownership and management.
The company’s products are currently supplied directly to oil & gas exploration companies and supply houses. Due to COVID-19 restrictions and oil & gas business downturn, sales decreased in 2020 but is currently beginning to rebound. The full capabilities and marketing of the product line have not been reached offering a potential buyer an opportunity to expand the company’s market, as well as, introduce services to a wider range of clients.
Real estate and office facilities are included in the sale. The well-trained employees are expected to remain with the business. The owner, due to age and health issues, wants to move towards complete retirement and wishes to leave the day-to-day operations after a successful transition period.


  • Asking Price: $450,000
  • Cash Flow: $136,152
  • Gross Revenue: $867,073
  • FF&E: $189,000
  • Inventory: $300,000
  • Inventory Included: Yes
  • Established: 1982

Detailed Information

  • Property Owned or Leased:Own
  • Property Included:N/A
  • Building Square Footage:10,000
  • Lot Size:N/A
  • Total Number of Employees:2
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

10,000 square foot building with 15 ft ceilings on 1.22 acres with room for expansion. Fully air-conditioned with 2 new A/C systems recently installed. Large laydown area with new compressor. About 7500 sq ft of warehouse and 2500 sq ft of offices with around 2000 sq ft of storage available. Real Estate is available separately for sale.

Is Support & Training Included:

As needed.

Purpose For Selling:


Pros and Cons:

Competition is limited.

Opportunities and Growth:

With a unique product line and limited competition, the Company has relied upon repeat business and referrals primarily for decades. There are opportunities for increased use of social media, outside sales and an updated website. Good candidate to merge with and/or add metal fabrication and related products both in the oil-patch and with other synergistic industries.

Additional Info

The business was established in 1982, making the business 40 years old.
The transaction does include inventory valued at $300,000, which is included in the suggested price.

The business has 2 employees and is located in a building with estimated square footage of 10,000 sq ft.

Why is the Current Owner Selling The Business?

There are all types of reasons individuals resolve to sell companies. Nevertheless, the real factor vs the one they tell you may be 2 completely different things. As an example, they may claim "I have too many various responsibilities" or "I am retiring". For numerous sellers, these reasons are valid. But also, for some, these may just be justifications to try to conceal the reality of changing demographics, increased competition, recent reduction in earnings, or an array of various other factors. This is why it is really important that you not depend completely on a vendor's word, yet instead, use the vendor's answer combined with your overall due diligence. This will paint a much more realistic image of the business's existing scenario.

Existing Debts and Future Obligations

If the existing business is in debt, which lots of companies are, then you will certainly have reason to consider this when valuating/preparing your deal. Numerous businesses borrow money in order to cover things such as supplies, payroll, accounts payable, etc. Remember that in some cases this can mean that profit margins are too small. Lots of businesses fall into a revolving door of taking loans as a way to pay back other loans. Along with debts, there may also be future obligations to take into consideration. There may be an outstanding lease on equipment or the building where the business resides. The business may have existing contracts with suppliers that should be met or may lead to charges if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Just how do companies in the location draw in brand-new customers? Often times, businesses have repeat customers, which create the core of their day-to-day revenues. Particular elements such as brand-new competitors sprouting up around the location, road building and construction, and also employee turnover can impact repeat customers and also adversely influence future profits. One vital point to take into consideration is the location of the business. Is it in a highly trafficked shopping mall, or is it concealed from the main road? Certainly, the more individuals that see the business often, the greater the chance to build a returning client base. A last thought is the general location demographics. Is the business situated in a largely populated city, or is it situated on the outskirts of town? Exactly how might the regional typical household earnings impact future earnings potential?