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Oil Services Businesses for Sale in Mumbai

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Oil Services Company for Sale in Mumbai, India

For Sale: Established and profitable business that serves as mechanical contractors for oil refineries.
Contractor for erection, dismantling, and maintenance of oil refineries. - Registered as a vendor with all major oil refineries across India. - Max turnover INR 32 cr pre-Covid. - 35-year-old business with 3 verticals: • Refinery maintenance with AMCs. • Refinery shutdown - dismantling when a plant is closed down. • Project-based - like the erection of a refinery. - Refinery shutdowns bring us the maximum revenue. - We carry out work across India with a majority of work in Panipat, Jamnagar, Vizag, and Mumbai. - Very few permanent employees as we operate on a hire-and-fire model for all works. - Recently restructured the company as well, we used to have 14 permanent employees earlier.
6   Mumbai
Run Rate Sales
USD 920 thousand
EBITDA Margin
20 - 30 %
Business for Sale
USD 1.42 Mn
Contact Business
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Oil Services Company for Sale in Mumbai, India

For Sale: Established and profitable business that serves as mechanical contractors for oil refineries.
Contractor for erection, dismantling, and maintenance of oil refineries. - Registered as a vendor with all major oil refineries across India. - Max turnover INR 32 cr pre-Covid. - 35-year-old business with 3 verticals: • Refinery maintenance with AMCs. • Refinery shutdown - dismantling when a plant is closed down. • Project-based - like the erection of a refinery. - Refinery shutdowns bring us the maximum revenue. - We carry out work across India with a majority of work in Panipat, Jamnagar, Vizag, and Mumbai. - Very few permanent employees as we operate on a hire-and-fire model for all works. - Recently restructured the company as well, we used to have 14 permanent employees earlier.
6   Mumbai
Run Rate Sales
USD 920 thousand
EBITDA Margin
20 - 30 %
Business for Sale
USD 1.42 Mn
Contact Business
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