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Oil Services Company for Sale in Ahmedabad, India

For sale: Successful gas & oil pipeline business with two projects successfully completed.

Established 10-20 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales USD 240 thousand
Run Rate Sales Nil
EBITDA Margin Nil
Industries Oil Services
Locations  Ahmedabad
Local Time 7:50 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 1.2 million (Native Currency: INR 100,000,000)
Reason: The owners are exiting the business due to an internal dispute.
Includes physical assets worth USD 1 million
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Business Overview

- Successfully completed two projects, each valued at INR 3 crores.

- Promoters have 35 years of industry experience.

- We operate on a contract basis.

- Presently non-operational due to internal disputes.

Products & Services Overview

- We specialize in laying oil and gas pipelines across the country.

- Our client portfolio includes prominent organizations such as GAIL, IOL, and various other leading oil companies.

Assets Overview

- Notable assets include two high-end drilling machines.

- Additionally, the business possesses a variety of furniture and fixtures.

- The company owns a fleet of vehicles for its operations.

- Generators are available to ensure continuous power supply.

- Ancillary equipment complements the core business assets.

Facilities Overview

- Office Facility of 1,500 sq ft.

- Rent: INR 35,000.

- Landmark: Sardar Patel ring road.

Capitalization Overview

- Three partners with equal ownership.

- Loans totaling INR 2 crore are disbursed annually at an interest rate of 9%.

Recent Activity
  • 1 week, 4 days ago
    Independent Advisor, Bangalore, Financial Consultant connected with the Business
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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