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Reconditioned Terminal & Pipeline Equipment Sales

Texas City, Texas (Galveston County) (relocatable)

Mfg. - Measuring & Analyzing Instr. | Mfg. - Petroleum Refining

Asking Price $3,500,000 Inventory $15,000,000* 
Gross Income $1,919,883 Real Estate  
Cash Flow $294,052 Year Established 1985
FF&E $105,000* Employees 4

* included in the asking price

** not included in the asking price

The Company reconditions and fabricates pipeline flow meter equipment for the oil and gas production / energy industry. They maintain the largest inventory of surplus / reconditioned terminal and pipeline flow meter equipment in the United States featuring Smith, Brooks & Daniel meters flow tested and warranted and include; - marine loading arms - blending skids - strainers & control valves - 4-way valves - metering & proving skid fabrication They also ship worldwide in 48 hours ! The bulk of the surplus inventory is dedicated to Smith and Brooks positive displacement flowmeters. Their surplus inventory also includes: strainers, valves, mechanical and electrical presets, turbine meters, provers, 4-way valves and marine loading arms. They design and build metering SKIDS for all applications. The surplus inventory also includes: liquid metering systems, gas metering systems, and metering skids. If a customer has a need for a positive displacement flowmeter, they have it. The Company's surplus inventory includes Blending Skids, Provers and Strainers. The Company supplies refurbished blending skids, provers, and strainers to the terminal and pipeline industries. They strive to supply cost-effective solutions in a timely manner to each of their customers. The Company also provides Metering Skid Fabrication and Proving Skid Fabrication capabilities to the terminal and pipeline industries. The Company's Metering Skid Fabrication and Proving Skid Fabrication capabilities are second to none in the industry. Their engineering, design, and metering skid fabrication are all done in-house. This Company has a unique business model supporting the energy industry with a service in great demand in a market with little competition. They also maintain about $14 million (retail dollars) in inventory to help insure a rapid response time to their client base.

Facilities: The 6500 square foot building sit on .496 acres of land. The building is broken down between office space ( 2 offices - 420 square feet), a kitchen and 2 restroom facilities. Approximately 6000 square feet of the building is given to warehouse and production space. Attached to the building is an outdoor covered shed of 5000 square feet which is utilized for fabrication and storage.

Competition: The Company is located in the Southeastern Texas location right next to all the major refineries. The advantages of Divicom over the competition are as follows: 1.) They do the job right the first time. There is a total commitment to product quality. All products are thoroughly tested and warranted. 2.) The Company has low overhead and high margins but can sell their finished goods for 50% of new products at manufacturers list price. 3. They are located right at the heart of the refining industry in Texas City. The energy capital of the USA

Growth/Expansion: With the ever increasing need for petroleum based energy coupled with the the increased need for raw crude production and subsequent refining, the service this Company provides is a growing industry.

Financing: The seller does not desire to provide seller financing.

Support/Training: The seller will provide training and support as needed for the new owner for one year for an annual consulting fee of $100,000 (negotiable).

Reason Selling: Pursue new ventures

Business For Sale By

Rick Swetman

512-535-5221

The Swetman Group

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