Companies For Sale

ID#Company TypeYear
Established
Company
Description
StatusDownload
Executive Summary with NDA
Email of Banker
AVJM42 Year Old Oil and Gas Service Company - Workover Rigs1982Business Model - Oilwell Service: maintenance, completions and workovers.

A workover rig is a specialized type of rig used in the oil and gas industry to perform maintenance, repair, or completion operations on an existing oil or gas well. Unlike drilling rigs, which are used to drill new wells, workover rigs are employed after a well has been drilled, typically to restore or improve production, fix problems like leaks or mechanical failures, or to replace worn-out equipment.

Some common tasks performed by a workover rig include:

Recompletion: Modifying the well to target a new production zone.
Plugging and abandonment: Safely sealing a well at the end of its productive life.
Tubing and packer replacement: Changing out damaged or corroded components.
Well stimulation: Injecting substances like acids or other fluids to increase production flow.

Workover rigs are crucial for prolonging the productive life of a well and ensuring its safe operation.

Top Things To Know

Services: Provide workover rigs for the oil industry
Average Order Size / Billing: $4,500 daily per rig.
Seasonality: There’s no seasonality in the business.
Longevity: Established in 1982, the company has been an industry leader for 42 years
Assets: $5,500,000 in fixed assets included in the asking price
Working Capital: $1,600,000 of working capital included in the asking price.
Turnkey Operations: Company is guided by well-defined systems and processes
Established Brand: Excellent reputation for outstanding on-time and on budget work.
Workforce: 56 Full-Time Employees / 3 Family Members work in the business

Key Strengths

Well-Established Reputation
Highly Experienced Staff
Strong Safety Programs
Reliable Performance
Exceptional Work Ethics

Marketing Strategy

The company has two outside salespeople and no inside salesperson. 95% of the revenue is generated from the sales team’s efforts and the remaining 5% come from word of mouth and referrals.

Employees

The Company has a total of 56 full-time employees. The key employees are two salespeople, two crew chiefs and one safety coordinator. The average tenure of these key employees is 25 years.

Reason for Selling

The owner wishes to retire.
Available Individual
Corporate
Anthony@thevantgroup.com
IBCSMedical Scribe Staffing Company2012The Company specializes in providing medical scribe staffing services to emergency departments and clinics. Its primary goal is to enhance healthcare documentation through the use of dedicated scribe personnel. These scribes are responsible for capturing and managing patient information in real-time. By handling the documentation tasks, the scribes allow healthcare professionals to focus more on patient care. This support improves both the efficiency and accuracy of medical record-keeping. As a result, the overall quality of patient care and operational workflow in healthcare settings is significantly enhanced.

Top Details/Business Activity
Proven Longevity: The company has been a leading industry player since its establishment in 2013, demonstrating over a decade of success and growth.
Streamlined Operations: The company is guided by comprehensive systems and processes, ensuring efficient and effective operations.
Consistent Revenue: The company has maintained an average gross revenue of $3.66 million over the past four years, with a forecasted increase to $4.17 million in 2024.
Robust Cash Flow: For 2024, the company’s cash flow is anticipated to surpass $292,000, reflecting strong financial health.
Pristine Financial Records: The company’s financial records are impeccably maintained, with no addbacks, ensuring transparency and accuracy.
Reputable Brand: The company has built an excellent reputation for delivering high-quality service consistently.
Referral-Based Growth: A substantial 80% of the company’s business is derived from referrals and repeat clients, highlighting its strong customer loyalty and satisfaction.

Strengths
High Quality and Positive Reputation: The company is recognized for its superior service quality, which has cultivated a positive reputation among clients in the healthcare sector.
Consistent Cash Flow: Demonstrates robust financial health with steady and reliable cash flow, ensuring operational stability and the ability to invest in growth opportunities.
Owner Removed from Daily Operations: The owner's minimal involvement in daily operations exemplifies a strong, independent management team capable of running the business autonomously.
No Owner Perks: The financials are straightforward and not inflated with discretionary expenses, providing a clear picture of the business's operational profitability.

Weaknesses
Dependence on Staffing: As a staffing company, the business heavily relies on the availability and quality of its workforce, which can be vulnerable to fluctuations in labor supply and demand.
Labor Market Sensitivity: The company's performance is closely tied to the labor market conditions, making it susceptible to economic downturns or shifts in employment trends that could affect staffing levels.

Reason for selling:
The owners are seeking to explore new opportunities and commitments that align with their evolving professional and personal goals. As a result, they are looking to sell the business to focus on these new ventures.

Available Individual
Corporate
Ian@thevantgroup.com
IBETLeading HVAC Contractor with High Profit Margins1991The company specializes in both commercial and residential HVAC services. They offer comprehensive installation, repair, and maintenance solutions for HVAC systems tailored to the needs of businesses and homeowners. With a focus on quality and reliability, they have built a strong reputation for efficiently addressing HVAC equipment needs. Over time, their commitment to exceptional service has led to a high rate of referrals and repeat business. Their service history reflects a dedication to maintaining and improving HVAC systems, ensuring client satisfaction across a diverse client base.

Top Details/Business Activity
Service Offering: Specializes in the maintenance, repair, and replacement of HVAC equipment for both commercial and residential clients.
Industry Longevity: Established in 1991, the company has maintained its leadership position for over 30 years.
Operational Efficiency: Functions with minimal overhead, using only subcontractors and no office space or direct employees.
Revenue Stability: Achieves consistent average gross revenue of over $500,000 in the past two years.
Strong Financial Performance: Reports robust cash flow exceeding $225,000 in both 2023 and 2024.High Cash Flow Margins: Maintains an impressive average cash flow margin of 48.4% over the past five years.
Marketing Strategy: Relies predominantly on referrals and repeat business for 90% to 95% of its revenue.
Workforce Structure: Operates with a team of experienced third-party subcontractors and no direct employees.

Strengths
Exceptional Work Quality: Delivers high-caliber HVAC services, ensuring reliable and efficient performance for both commercial and residential systems.
Strong Client Trust: Builds strong, lasting relationships with clients through consistent reliability and professionalism.
High Rate of Referrals and Repeat Business: Benefits from a high volume of referrals and repeat business due to exceptional service and client satisfaction.
Competitive and Transparent Pricing: Offers competitive and transparent pricing, providing value while maintaining affordability.
Rapid Response Times: Ensures prompt service and quick resolution of issues, minimizing downtime and maximizing client satisfaction.

Weaknesses
Shortage of Skilled Troubleshooters: Faces challenges in addressing complex HVAC issues due to a limited number of highly skilled troubleshooters.
Insufficient Manpower: Experiences constraints in handling high volumes of work or expanding service capabilities due to a shortage of available staff.
Underutilized Marketing Efforts: Has potential for growth by enhancing marketing strategies and increasing visibility to attract a broader customer base.

Reason for selling
Retirement

Available Individual
Corporate
Ian@thevantgroup.com
AVKRGourmet Wine Bar/Bistro and Event Venue2005The Company is a multifaceted establishment that uniquely combines a winery, wine bar/bistro, and event venue to create a comprehensive wine-centric experience. It offers an array of products and services, including on-site wine consumption, take-home purchases, and wholesale wine sales. Additionally, the venue features extensive event space rentals, complete with full food service and specialized catering for various events. This integration makes it a prime destination for wine enthusiasts and a versatile locale for hosting both casual and formal gatherings.

Top Details/Business Activity
Business Model: Winery, wine bar/bistro, and event venue, offering comprehensive services including wine sales, space rentals, and catering to create a full wine experience.
Longevity: Since its establishment in 2005, the company has been a community mainstay for nearly 20 years.
Established Brand: It maintains an excellent reputation for delivering outstanding products and services.
Assets: Included in the sale are fixed assets valued at $693,000, inventory worth $468,000, and $39,000 in Accounts Receivables.
Stable Revenues: The company has consistently generated an average gross revenue of $1.4 million over the last four years.
Event Space Rental Growth: Over the past five years, event space rentals have seen a compound annual growth rate of 6%.
Training: The sellers are committed to a seamless transition and will provide three months of training at no charge.

Strengths:
Established History and Longevity
High Rate of Repeat Customers
Robust Community Support and Following
Successful Retention of Staff
Commitment to Work-Life Balance

Weaknesses:
Absence of a Defined Exit or Transition Plan
Rising Costs of Wine
Escalating Labor Expenses
Lack of Strategy for Entering New Markets
Requirement for Innovative Ideas

Marketing Strategy:
The company has intensified its focus on Google and SEO strategies, significantly boosting its online visibility. This enhanced online presence has led to an increase in event bookings. These efforts have effectively expanded its digital footprint and market reach.

Reason for selling:
The owners have owned and operated the business for nearly 20 years and are now ready to explore new ventures and opportunities. Eager to transition their focus, they are prepared to embark on different endeavors.

Available Individual
Corporate
Alex@thevantgroup.com
AVAG 35+ Year Well-Established Family Medical Practice with $1 Mil+ Cash Flow1986The company is a 37-year-old family medical practice that has been a cornerstone in its community, serving a diverse range of patients and meeting their medical needs with utmost professionalism and compassion. This well-established practice prides itself on delivering top-quality medical care with a focus on preventive wellness. With a dedicated team of experienced doctors, nurses, and staff, the company strives to ensure the well-being and satisfaction of every individual who walks through its doors. Offering a wide extent of medical services and maintaining extensive hours of availability, the practice has built an excellent reputation for outstanding service. One of the key highlights of this family medical practice is its impressive financial performance. With cash flow expected to exceed $1 million in 2023 and an average gross revenue of $3.6 million over the past four years, the company has demonstrated consistent profitability and financial stability. Its strong referral and repeat business, accounting for 90%-95% of its total clientele, further attest to the trust and value placed in its services. Guided by well-defined systems and processes and supported by a highly trained staff with low employee turnover, this turnkey operation represents a beacon of medical excellence within its community.

Top Details/Business Activity
Business Model: Family Medical Practice
Longevity: With 37 years in business, the practice has a proven track record, showcasing stability and experience.
Revenues and Cash Flow: A stable revenue stream of $3.6 million averaged over four years and strong cash flow in 2023 indicates financial health.
Client Acquisition: With 90-95% of the business coming from referrals and repeat customers, the practice seems to have a strong client base that trusts and values its services.
Workforce: Low employee turnover and highly trained staff reflect a positive work environment and efficiency in operations.
Brand: The excellent reputation for service signals a well-established brand presence.
Turnkey Operations: Defined systems and processes make it easier for a new owner to take over without overhauling the entire business structure.

Strengths
Service & Willingness to Adapt to Market: This strength showcases flexibility and the ability to adjust to market trends, which is vital in the ever-changing healthcare industry. Has led to client loyalty and the ability to stay ahead and quickly respond to industry changes.
Top Quality Medical Care: Signifies a commitment to the highest standards of patient care. Enhancing reputation, encouraging referrals, and contributing to higher patient retention rates.
Focus on Preventive Wellness: Emphasizes a proactive approach to health, rather than just treating illness. Attracting a segment of the market interested in maintaining health and wellness, leading to a broader client base.
Wide Extent of Medical Services: Offering a broad range of services has made the practice a one-stop solution for many patients’ needs. Enhancing convenience for patients and increasing overall revenue by providing multiple services under one roof.
Extensive Hours of Availability: By being available outside regular business hours, the practice has attracted patients who need flexibility due to their schedules. Leading to increased patient numbers and satisfaction by accommodating various schedules.
Location: The practice is situated in a convenient and accessible location, enhancing accessibility and convenience for patients, allowing them to attract more local clientele.

Weaknesses
Limited Space
Limited Storage
Outdated Furnishings
Limited Parking Space


Reason for selling:
Retirement
Available Individual
Corporate

Alex@thevantgroup.com
IBRBCertified Service Center and Industrial Supply Distributor with $700K+ Cash Flow2006The Company operates is an independent certified service center and distributor of industrial
supplies, delivering comprehensive full-service solutions to the light construction industry. It
represents various OEM partners and engine manufacturers. Known for high-quality service, quick
turnaround times, and professional on-site representation, the company focuses on maintenance,
parts, sales support, and customer service for light construction equipment. This includes generators,
welders, light towers, pumps, rollers, air compressors, rammers, and saws.

Top Details/Business Activity
Longevity: Founded in 2006, the company has been a leading force in the industry for over 15 years.
Stable Revenues: Generated $3.9 million in gross revenue in 2023, with a similar projection for 2024.
Strong Cash Flow: Achieved over $600,000 in cash flow in 2023, with expectations to surpass $700,000 in 2024.
Robust Cash Flow Margins: Maintained an average cash flow
margin of 16.5% over the past two years, aiming for 18.4% in 2024.
Established Brand: Renowned for exceptional quality, delivering projects on time and within budget.
Limited Marketing: 90% - 95% of business is generated through referrals and repeat customers.
Customer Concentration: No single customer accounts for more than 10% of total sales.

Strengths
Exceptional Customer Service
Experienced Personnel
Availability of Parts and Equipment in Stock

Weaknesses / Opportunity
Expanding Growth Avenues
Enhancing Field Representation
Strengthening Marketing Initiatives
Improving Online Presence
Developing Field Technical Services

Marketing Strategy
The Company's inside sales team includes two dedicated inside sales representatives, with the owner also participating in inside sales activities.

Reason for selling
Retirement
Under LOI Individual
Corporate
Ian@thevantgroup.com