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*OIL SERVICING COMPANY FOR SALE*
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LOCATION: *Trans Amadi Port Harcourt*
PRICE: : *$39M Asking*
A purposed built Oil Servicing company developed on 28 plots of land fully fenced round and situate in the heart of Port Harcourt.
The yard has a massive work area consisting of
-3 Electric Workshops
-Complete Injector workshop( The only of its type in Rivers State)
-Vuclanizer workshop
-General maintenance workshop
-Fabricator store
-3 mechanic workshops
-Lubricant workshop
-Truck mechanical workshop
-Security Block
The un-built up portion of the yard is covered with reinforced concrete to avoid injurious affection on the buildings due to the consistent shuttling of heavy trucks and earth moving equipments.
Equipment that consists of
-25 cranes
-43 trucks
-16 forklifts
And various light vehicles(hilux etc)
TERMS AND CONDITIONS APPLY
BUYERS BACKGROUND CHECK NEEDED TO FURTHER..
1. Write an LOI to the Broker about your intent to purchase the said oil servicing firm.
2. Sign an indemnity agreement with the Brokers that at the end of the transaction, they would be paid their 5% Broker commission fee.
3. Prepare your proof of funds or comfort letter showing your ability to purchase the said company but do not fly it electronically, it should be with you pending the date for the inspection.
3. The broker will arrange an inspection date and send to you after your acknowledgment of the said ability to purchase has been done from your end. It will be revealed in the company grounds with the company directors where the said inspection will be.
4. Inspection fees of 500k will be paid to enable broker officials fly down and arrange for the inspection.
5. Inspection Proper
6. After the Inspection, the Buying company will meet with the selling company and communicate price as well as arrange a subsequent review date where they will return with their Lawyers and team of Auditors to meet with the selling company team and go through every report and items of the company including finiancails.
7. Payment Schedule will be arranged in respective percentages e.g 80/20, 70/30 or 60/40 dollar/naira respectively for the total payment of the company.
8. Note the selling price is 39 million dollars negotiable.
9. After payment for the sale is made and every necessary document transferred, buying company will pay the Brokers of the sale a 5% Broker fees.
10. End of Transaction.
OilIbekweph
Property Ref: 2963699 | Added On: 08 Jul 2025 | Last Updated: 08 Jul 2025 |
Market Status: Available | Type: Factory |
Port Harcourt has a collection of prestigious estates that epitomize the epitome of luxurious living. These coveted residential enclaves, such as Rivtaf Golf Estate, Trans-Amadi Gardens Residential Estate, Chinda Estate, GRA Phase 3, Woji Estate, Shell Residential Area (Rumukwurushi), Old GRA, and Elekahia Housing Estate, offer discerning individuals a harmonious blend of exquisite architectural designs, unwavering security, and unparalleled proximity to essential facilities.
Read the full area guide for Port Harcourt, Rivers.
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