Listing 3707 - Business For Sale: Morgan City, Louisiana

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Oilfield & Industrial-Tubular Thread Protector Products
Office ID# 35570
Listing # 3707

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Listing Information
Location	Located "right in the middle of everywhere" approximately 70 miles west of New Orleans, 60 miles south of Baton Rouge and 60 miles east of Lafayette . Louisiana United States

Business Details
Asking Price	$7,000,000.00
Will Consider Financing	No
Will Remain For Transition
Owner agrees to stay through a reasonable transition period.
Will Accept Non-Compete	No
Formal Business Valuation	No

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Business Description

This oilfield and industrial business that supplies retail and wholesale products was founded in 1983. Long term and expanding customer base on a local, regional national and worldwide level that utilize our companies for their special needs in the oilfield, mining and tooling industries that have the ability to retool inexpensively and quickly for new products. The business can be run in a “hands on” manner. 55% of sales revenues stems from manufacture of specialty oilfield tubular thread protectors and sale on a local, regional, national and worldwide market, 35% of sales revenues stems from stocking and selling OCT thread protectors locally, regionally, nationally and worldwide, and the remaining 15% of sales revenues stems from stocking and selling support supplies and equipment locally and regionally. The current owner will stay on through a reasonable transition period to acclimate you to the business, the employees and clientele. Call now for more information about this lucrative business opportunity. There are 3 single level leased buildings totaling 28,000 sq. ft. that were built in 1960 and are in good overall condition. This business is located near a state highway in a high traffic area with good visibility. The business can be relocated. Some owner financing may be available for the right buyer.

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