Sold. Oil Field Equipment Distribution Business For Sale

? The Company is a distributor of oil field equipment and wide range of drilling equipment parts and accessories. The Company also provides comprehensive oil field services.? An extensive product line includes approximately 16,000 various items ranging from ball valves, bearings, belts, clamps, bolts, tubes, couplings and fittings to gaskets, hoses, gauges, pumps and other drilling rig supplies.? The Company maintains a base of approximately 200 active customers and provides services within 200 to 300 miles from its headquarters.? The Company?s headquarters is strategically positioned on a major highway and it is the only provider of oil field services, oil field equipment and drilling rigs parts and accessories within a 60-mile radius.? Company managers are committed to remaining with the firm for an agreed-upon period following a sale in order to help realize the Company?s pro forma objectives.? Staffed with 20 well-trained employees that utilizes a fleet of three service and 10 delivery vehicles including an 18-wheeler portable store stocked with a wide range of drilling rig parts and accessories. ? Revenue exceeded $11.2 million in 2010, with EBITDA of nearly $1.7 million and is projected to achieve roughly $11.8 million in revenue and $1.8 million in EBITDA during 2011.