Three Highly Profitable Oil & Gas Support Services Providers
(ID: 1100883)
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Not Disclosed
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$6,600,000
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$880,000
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n/a
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Business Listed by LISTING BROKERGenerational Equity
Contact Broker:Betty HaverfieldGenerational EquityView All of My Listings
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Business Description
The Companies all serve the oil and gas industry in West Texas. Collectively the companies employ 29 employees. All 3 companies are poised for significant growth due to ongoing drilling in the area. Company 1 is a crude oil hauler for a single customer in the Permian Basin. Company 2 hauls produced salt water and owns two disposal wells. Equipment includes 7 water hauling trucks, a kill truck, a vacuum truck, a maintainer, a dump truck and a backhoe. Company 3 specializes in hot oiling and tank strapping. The Company owns 3 hot oilers and charges by the hour and by propane fuel usage.
Some of the highlights for this business include:
Strong revenue growth
Two water disposal wells
Proven reputation
Outstanding growth opportunities
Management will remain through transition
About the Sale
Cash Flow Comments:
EBITDA: $880,000
