Business Overview

The Company had its genesis 30 years ago primarily providing fabrication and maintenance services to the oil and gas industry.  Since that time, it has grown into manufacturing, maintaining and testing cargo tanks and cargo tank vehicles, including such things as kill trucks, hot oil units, liquid haulers and more recently hydro-vac units.  It is a certified DOT repair, maintenance and testing facility and holds ASME Boiler and Pressure Codes U and H.  As a result of an agreement with the hydro-vac division of a large international corporation it established a joint sales and service facility that has extended to other hydro-vac companies.  This allows the Company to expand its industry affiliation into the utility sector, such as power, sewer, electrical, water, etc.  It has also received its Texas Leasing Agent Certification and is now renting hydro-vac equipment on a long-term basis and expects this segment of its business to expand significantly in 2021.


  • Asking Price: $5,000,000
  • Cash Flow: $419,256
  • Gross Revenue: $9,063,146
  • FF&E: $5,294,425
  • Inventory: $254,185
  • Inventory Included: Yes
  • Established: 1991

Detailed Information

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

Real estate includes 2.5 acres and three buildings totaling approximately 25,000 SF (+/-).  Largest of the properties is approximately 19,350 SF (+/-) with the remaining two properties about equal size.  Cost of the real estate is NOT included in the purchase price.  These three buildings contain manufacturing, maintenance, painting and testing operations.

Is Support & Training Included:

Seller is committed to a smooth transition of ownership, and will remain with the business as long as requested, within reason.  Current staff is competent to continue operations with little or no disruption.

Purpose For Selling:


Additional Info

The company was founded in 1991, making the business 31 years old.
The deal shall include inventory valued at $254,185, which is included in the suggested price.

Why is the Current Owner Selling The Business?

There are all types of reasons why individuals resolve to sell operating businesses. Nevertheless, the real reason vs the one they tell you may be 2 entirely different things. As an example, they may say "I have too many other commitments" or "I am retiring". For lots of sellers, these reasons are valid. However, for some, these might simply be reasons to try to hide the reality of changing demographics, increased competition, recent decrease in revenues, or a variety of various other reasons. This is why it is really essential that you not depend totally on a vendor's word, but instead, use the vendor's solution combined with your general due diligence. This will paint an extra practical image of the business's current situation.

Existing Debts and Future Obligations

If the current company is in debt, which numerous companies are, then you will certainly need to consider this when valuating/preparing your deal. Many businesses take out loans with the purpose of covering items like stock, payroll, accounts payable, etc. Bear in mind that in some cases this can mean that profit margins are too thin. Lots of companies come under a revolving door of taking loans as a way to pay back various other loans. Along with debts, there may additionally be future obligations to think about. There might be an outstanding lease on equipment or the structure where the business resides. The business might have existing contracts with suppliers that should be met or may cause penalties if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do operating businesses in the location draw in new consumers? Most times, operating businesses have repeat consumers, which form the core of their day-to-day profits. Specific variables such as new competitors sprouting up around the area, roadway building and construction, and also staff turn over can influence repeat customers and also negatively affect future profits. One crucial thing to consider is the placement of the business. Is it in a very trafficked shopping mall, or is it concealed from the highway? Undoubtedly, the more individuals that see the business regularly, the better the opportunity to develop a returning customer base. A final thought is the basic area demographics. Is the business situated in a largely inhabited city, or is it located on the outskirts of town? How might the local average household income effect future revenue potential?