Oilfield Wastewater Trucking Company

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Equipment is new and business is growing quickly
Asking Price:

Gross Revenue:
Cash Flow:
 Not Disclosed
included in asking price

included in asking price

Real Estate:
included in asking price

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Business Description

This oilfield service company is primarily engaged in the business of collecting wastewater from drilling sites and hauling it to disposal wells. This water hauling service, provided by vacuum trucks, accounts for about 75% of the company’s revenue. Additionally, the company also offers pulling unit crews on location as well as provides hot oilers on site - this is where the remaining 25% of revenue comes from.

The financials presented are the pacing figures for 2018. Financials going back to 2015 will be provided after the NDA is signed.

About the Business

Year Established:
Number of Employees:
37 w/owners
Real Estate:
The business has two yards. The primary four-acre property is included in the sale, while the second property is also the location of one of the owner's other businesses. So a new second location will need to be leased or purchased after closing, and the owners will assist with that search.
Market Outlook/
Water hauling is a competitive business in the oilfield, but the key to being able to compete is by obtaining master service agreements (MSAs) with the energy companies doing the drilling. This business has 20 MSAs that it actively operates under.
Growth & Expansion:
The business is at capacity and is turning away work at this time. So a new owner with the motivation to grow can do so immediately simply adding equipment and manpower, and starting to accept those jobs currently being turned away. This is how the owners have grown the business so quickly to this point, but making this their primary business was never the objective, which is why they are selling it now - it's gotta too big for them and someone else needs to take it and continue growing it.
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About the Sale

Reason For Selling:
Semi-retirement, and focus on other businesses
The owners will train and transition for 3-6 months, after which time they are open to stying in a consultation role if needed.
Seller Financing:
Seller will consider financing options from qualified buyers

Listing Info

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Business Listed by

Jeremy Furtick

Sigma Mergers & Acquisitions

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Sponsoring Broker:

Scot Cockroft
Sigma Mergers & Acquisitions

U.S. Census Data for Midland County, TX



Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Midland County, TX


Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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