Oil Equipment Company Investment Opportunity in Houston, United States
Established | 1-5 year(s) |
Employees | 5 - 10 |
Legal Entity | C Corporation |
Reported Sales | Nil |
Run Rate Sales | Nil |
EBITDA Margin | Nil |
Industries | Oil Equipment + 1 more |
Locations | Houston |
Local Time | 9:06 AM Europe / Madrid |
Listed By | Business Owner / Director |
Status | Active |
- We have developed a new technology for a hydraulic pumping unit (Patent Pending) for artificial lifting for the oil and gas industry.
- The product is in the testing phase and ready to scale production after approval.
- This new technology resolves most of the field problems, improving extraction efficiency, operation, and maintenance.
- We are finishing assembly and testing the prototype, to go testing phase in March of this year.
- The business will need another quarter to start the sale of the product.
- The product manufacturing will be done through a partner company and most of the parts will be outsourced.
- We have already agreed with an oil & gas operator to assign an oil well to test the unit.
- We are really strong in sales and marketing and have a deep understanding of the US market.
- Based on that, several potential large clients are interested in marketing and selling the product.
- High worldwide potential market.
- All current investor members have more than 20 years in the oil hydraulic lifting industry and manufacturing, in top American service and manufacturing companies.
- Our forecasted monthly and yearly sales are USD 617,000 and USD 7,400,000 respectively for the 2nd year.
- We also expect our profit margin to be 34% for the 2nd year.
- We only require a registration certificate.
- One of the promoters is in Barcelona and frequently travels to the USA.
3 models:
T3 up to 30,000 lbs working load.
T4 up to 40,000 lbs working load.
T5 up to 50,000 lbs working load.
The physical assets include the physical prototypes and the first running product along with the warehouse equipment.
Leased warehouse and an office with a built-up area of 5,400 sq ft. in North Belt.
- We are 6 members, a) 43.5%, B) 17.8%, C) 17.8%, D) 16.4% F) 2% E) 2.5% had self-funded this venture.
- We funded the company in 2021 identifying the product after more than 20 years working in this market, USD 110.000 debs to (D) shareholder to be paid when business allows it.
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Earlier than 15 daysCEO, Miami, Financial Consultant connected with the Business