NOTE Price JUST Adjusted For a CLOSING prior to 3-01-2015. This began as a Paving and Grading Contractor. Now well established with excellent rating and reviews. They had been making Good money, but then in 2011 they purchased over 32 acres (designed for plenty of room for expansion, adding a second and third plant) and set up their own on-site Asphalt Plant. Now their Paving and Grading Contracting "internal" costs have dropped and their profits are very high. Due to lower prices, they have almost $2,000,000 booked and signed to be completed in the next two months. By June they were 25% above last years revenues. The asphalt plant require only a few men to operate and is operating at only 20% capacity. 5X -10X Growth Projected, Hey! there's lots of acreage - then just add another plant. The reason their revenues have double is that (1) they now sell asphalt wholesale to third parties and it has a sweet margin for them due to operating efficiencies and (2) they can come in a dollar per unit under the competition on bids because their own costs are now so much less. Based on what the broker has seen, this company's revenues and profits will double again next year as well and then perhaps still increase by 20-30 a year for the next five years. This is a very sweet deal for an Investor, as the owners have trained their successors in both Plant Operations and Management and Paving Contracting - a Buyer could own and operate without having industry experience. The broker expects their competitors to try to attempt to buy them up quickly once announced, but for confidentiality reasons, this announcement is being withheld pending exposing the opportunity to others. NOTE: HIGHER CASH FLOW ONLY BEGAN IN LAST 48 MONTHS WITH ADDITION OF MFG ASPHALT ON SITE AND WHOLESALING.
ELAP-Accredited Lab Specialized in Oil and Gas Testing on West Coast ======================== This 30+ year old, ELAP accredited environmental lab on the West Coast is well-established and serves clients from petroleum, agriculture, power, and other industries on the West Coast. The company is very strong in its core market, offering a wide array of analytical and field services for Petroleum and Power Sectors Roughly three fourths of its clients are from the Petroleum industry. It has a roster of about 400+ clients, and amongst them is the State, for which it samples and tests Green House Gases. The tests include those on crude, condensate, and gas tests, volatile and semi-volatile test methods, and tests on inorganics and also provides sampling service for them. The Laboratory is housed in 8,000 sq ft of space and it owns the real estate that is also part of the sale. COMPETITIVE ADVANTAGE ====================== The competitive advantages of the Company include: -Extensive client list -Comprehensive testing services -Includes field services - Only Lab in the area for some types of services - Exceptional client service - Rapid turn-around Times - Competitive pricing EXPANSION OPPORTUNITY ===================== The lab provides an ideal platform for growth for another environmental lab with focus on oil, gas, and power industry to expand in this geographic area. A buyer with more resources can help this lab expand its area of service. FINANCIALS ========== - Gross Revenue: $2.34 million - EBITDA: $314K - Asking Price: $1.3 million for business plus real estate at $800K
Oklahoma Oilfield Service Business $600k Tulsa county disposal well with established transport business and well maintained equipment servicing over 100 customers. Turnkey operation. Current income generated from the hauling of saltwater, disposal fees, and from reclaimed oil with greater upside potential. Equipment includes vacuum trailers, and bob tail trucks. Approved for 4,000 barrels a day. Professionally appraised. Owner retiring and motivated to assist new buyer in transition. Exceptional price: $600,000.00 Contact: Rodney 307-746-5463
Business in operation since 2005, last two years net income averaged $200,000 Annually. Small business loan is a viable option, prior years tax returns available. Unit Facts: 2007 Precision air foam unit, 1350-350 Sullair compressor and booster. This unit is used in the oilfield to circulate oil and gas wells for stimulation, clean scale and sand out of well boar and pressure test pipelines. Pressure pops off at 2200 psi. All equipment is mounted on a semi-trailer with hoses and tools to perform operations.
Williston Basin Oil Deal 85 BOPD $5.3m Current production 85 BOPD 100% Working Interest, 80% NRI. Total Prime Acreage located in RICHLAND COUNTY, MONTANA: ACRES 2280 +/- NON-CONTIGIOUS. This project consists of 9 leases with 10 vertical wells. Exceptional Opportunity: $5,300,000.00 Contact Robert 800-656-8485
Santa Ana, CA
This firm has grown since 2007 to become one of the largest manufacturers of Candle Luminaries in the United States. The Luminary business, which is a true niche market, has very little competition. In fact, fewer than five USA companies provide the products this company manufactures. Sales are driven primarily via a very well designed Internet Web Site which provides for easy on line ordering; as well as Trade Shows. Among Products this innovative firm provides are: • Hand Made (in the USA) Wax Luminaries over 100 sizes with commercial grade melter, melting over 600 lbs. of wax per production. • LED Lighting including its brand of rechargeable candles • Candle Luminary Rentals to the event industry as well as the end user. They are housed in a 1145 square foot facility which currently rents for $1000 per month. Lease term ends May 31st, 2016 at which time the facility can be moved or lease may be renewed. The firm has enjoyed steady growth every year since inception including a 25% increase in sales from 2012 to 2013. The seller sold the business approximately a year ago, and has taken it back due the buyer not performing on the promissory note. During this time, the owner stayed on to ensure and in 2014 sales continued to increase. 2014 gross sales were $137,000. The seller can provide a pdf of gross income for 2014. Since the seller has taken the company back as of April, 2015, the company has generated gross sales in the amount of $44,925. (4 months of gross sales) Seller is working only part time on this company as the seller is involved in other projects. Thus the seller is very motivated and willing to entertain offers. Note: The company name is not being sold, the new owner will need to rename the company. 2013 Gross Sales: $116,000 (seller can provide books) 2014 Gross Sales: (Seller can only provide gross sales sheet) 2015 Books start 4/1/2015 to present - Sales April 2015-July 31,2015= $44,925 Seller’s Discretionary Cash Flow: $36,800 Asking: $94,900.00 Disclaimer: The information above was furnished by the seller. Sunbelt Business Brokers of Orange Coast or its agents have not verified the information and makes no representations as to its accuracy or reliability. For more information call Steve Thomson, CBI, at Sunbelt of Orange Coast at 714-619-9310. Email: email@example.com. Fax: 949-666-5823. For a complete listing of our currently available business opportunities go to: www.sunbeltorange.com
Texas Oil Production 40 BOPD Oil Deal $2.4 million. Priced to Sell Fast! 100% Working Interest, 75% NRI. Operator can stay on if needed. Current Production 50 BOPD with Great upside production. 5 Leases & 826 Acres. Estimated Reported 540,000 Reserves. 13 Wells (8 producers), & 2 injection wells. Shallow Depths of 2050' & 2300'. Exceptional Quick Sell Price $2,400,000.00 Contact Robert 800-656-8485
Wyoming Oil Deal 35 BOPD $1.7m Current production: 35 BOPD Location: BYRON, Wyoming 680 Acres N0N-Contigious. 4-leases with 5 wells. Upside is room to drill 7 more wells. Producing from Phosphoria formation, and Tensleep Formation. NRI average of all 4 leases 79.875% Asking $1.7 Million Contact Robert 800-656-8485
Osage County, Oklahoma $9.5m Estimated 500-1000 BOPD 2240 acres +/- BIA Current production at 65 BOPD out of 10 producing wells. All are vertical wells. There are 22 well bores that need re-worked. Wells are down for 1 of the following reasons. Pumping unit, no power, bad flow lines, etc. 1- Disposal well rated to handle 10k bbls day @ 500psi. Reserves est at 7 million + bbls oil, 10 billion MCF gas. 81% NR, 100% working interest, and All O&G Minerals to basement. There is core data on every well. Current producing from (Red Fork, and Mississippian lime stone) Asking $4.5 million for 100% Current operator is willing to stay on. Upside is excellent. Quick fix would be in the range of $1-1.5 million to hit 200 bbls day. Long term fix would cost estimate: $5 million for re-work and drilling program to achieve 500-1000 bbls day production.
Wyoming Oil Field $330k Niobrara & Westen County, East Morrissey lease : 3300+/- acres . un-tapped lease. a lot of money has went into the radio metrics, and MDT geology of the lease. Geology estimates 53 million bbls oil reserves. 100% W.I., NRI 82.5%, 100% mineral rights from surface to basement. Asking Price: $330k Contact: Robert 800-656-8485
Wyoming Oil & Gas Field $550k Niobrara County, North Bright field: 1680+/- acre field with a shut-in gas well producing 4600 MCF day rate. Geology estimates 14 million bbls oil reserves. 100% W.I., NRI 87.5%, 100% mineral rights from surface to basement. Asking Price: $550k Contact: Robert 800-656-8485
The Company provides specialist services to the oil and gas industry. As a full-service mudlogging business, the Company provides geological and geo-steering services that are designed to help keep its customers’ energy projects on time and profitable. The Company strives to be an industry leader through its investments in technology and equipment, and a highly skilled labor force. Moreover, it provides quality logging services, and offers customized programs to help its customers boost their profitability. The Company generates all its revenue from the oil and gas sector. Among its database of close to 120 companies; management estimates that approximately 40 customers generate repeat business each year (estimated at 95%). Including the active owner, the Company employs 47 full-time personnel. The Company’s employee base comprises management, administration, sales, and operations personnel, as well as specialists in rigging and logging functions. Management has developed a talented group of experienced industry professionals, including geologists.
The Company specializes in the design, manufacture, and installation of enclosed and elevated gas flares, systems, and control systems. The Company sells to major corporate customers in waste management, utility, gas processing, and other industrial markets nationwide. These industries have their own positive respective growth outlooks, and various regulations regarding emissions and general environmental concerns provide underlying support for the company’s future revenue growth, especially internationally. Projects are generally specific or custom tailored, and can range in size from $125k for a basic system to $900k for a complete design/build system with control panel systems. The company has been successful in this industry due to effective resource utilization, streamlined product/installation delivery system, very high technical competence, and a strong reputation, and this has boosted their repeat business to 80%.
Jones County Oil Deal $335k Estimated 50 BOPD 75% Working Interest, 75% NRI, Successful Operator & Management in place. Total Prime Acreage: 180, upside potential additional 180 acres. Estimated 50 BOPD (1) well drill project in the King Sand Formation with Depth of 3050' Exceptional Opportunity: $335k Contact: Robert 800-656-8485
Project Testing (S-Corp) is in the business of Hydrostatic Testing of oilfield tubing and casing at the well site.. This is more of a "maintenance" business and not tied to oil prices whatsoever. In fact, in 2009, Sales only dropped off less than 15%, which was good for any industry, even amidst a significant drop in Oil prices at that time. “Hydrotesting” is vital to the oilfield customers as it’s the most effective as the last “stamp of approval” of pipe before going back into the well. The company 100% work-over related and there is ZERO tie to new drilling whatsoever, with oil prices of very little concern. In fact, pipe has to be tested for operators at $100 oil or $40 oil, as operators do not want corrosive pipe in their wells in any event as this is, again, more a "maintenance" item than anything. Further, in Kansas it is very cheap to drill. And production happens at very low levels compared to other regions given the refineries and infrastructure in place in this market. The company MADE money in 2009 (was only down less than 15% for Sales from 2008), and had a $110k profit (not EBITDA) that year. Very few companies can boast this, and proves the company does well in any environment. Founded over 40 years ago, the business has been a stable player in the “oil patch”. Thus, Revenues have remained consistent over the years, i.e. 2010 Sales were higher than 2012 Sales. With 8 employees, 6 trucks with testing equipment and 3 crews, the business remains a mainstay for Kansas and Oklahoma E&P companies/operators. With close to 100 customers total, not one accounts for more than 10% of Sales. The company also recently added investment to make the company a better mousetrap, i.e. upgrading several of the units to bring them more "up to date". • Competitive Advantages: Being a mobile tester vs. an actual plant has tremendous advantages in servicing customers at the well site – saving time and money. Reputation and brand are very strong. Company stays busy in any Oil price climate. • Customers/Market Channels: Some of the largest producers in the KS/OK area highlight the customer base, but with not one dominating Sales. Customers are predominantly E&P/operators. • Growth Opportunities: Adding an EMI (electro-magnetic inspection) unit is what the owner says he will do next whether sold or not, and is the logical next growth move. Expansion into other markets/regions – Eastern CO, Northern OK and the TX Panhandle where the reputation/brand still reaches. Increasing employee base/sales force would be important. Current owner does no advertising or marketing and has had no desire to grow the business. • Financials: No debt and the company is having a record year as the ownership is doing some marketing this year. Midway through 2014 vs. 2013, the company was up 41% top-line and 45% bottom line. A lot of this growth has been attributed to the MS Lime growth as production/workover is being done now in this area. In Kansas, it is very cheap to drill compared to other regions, so new drilling happens here even in the $50's and $70's/bbl. Also, according to Citi Group Kansas is one of the lowest production cost states for break-even, as low as $50/bbl and even lower in some areas of the state. Plays like the Niobrara, Permian, Eagleford and Bakken all operate closer to around $60/bbl for production break-even. The MS Lime play is one of the cheapest shale plays to boot. Only the Marcellus is cheaper of the major US plays. 2015 through April has been very good for the company.
This North Carolina based biodiesel producer makes premium biodiesel from vegetable oils obtained from domestic sources. Their target markets are the agricultural, marine, government, residential and commercial diesel consumers that are looking for clean, alternative diesel fuels to help reduce harmful emissions commonly found in petroleum diesel fuels. They produce and sell biodiesel made from Soybean Oil or Waste Vegetable Oil. This fuel is sold as 100% biodiesel (B100), a diesel diluted blend (B99.9, for tax credit purposes), or a 20% blend (B20) for use in certain trucks, cars and other fuel oil customers that want a lower biodiesel blend but still want the benefits of burning biodiesel. The customer base can change from year to year, depending upon competitive bids, customer demand, and government influence Their typical customer markets have been the following: 1. Off road Customers wanting B100 or B99.9 Biodiesel for use in generators, boilers, or off-road equipment. 2. Petroleum Blenders wanting B100 or B99.9 for use in blending diesel fuel for B2, B5, B10, or B20 blends for their highway fuel or off road fuel customers. 3. Petroleum Jobbers wanting B99.9 for use in blending with their diesel fuel, usually in B20 or B5 blends. 4. When biodiesel is cheaper than diesel fuel, there is a competitive advantage for petroleum suppliers to blend biodiesel with diesel fuel to a B5 or lower blend, and sell it to the customer labeled as straight diesel. This is because the US commerce laws do not currently require that biodiesel blends less than 5% be placarded as such. Thus, a significant savings can be found in buying biodiesel and blending it with diesel fuel. 5. Retail fuel customers that want B99.9 or B20 blends for use in their personal or work vehicle can buy biodiesel at the production facility which accepts all forms of payment. They have been approached to provide retail locations in Raleigh, Chapel Hill, and Durham. They sell fuels to customers domestically only, and primarily on the East coast. Most of their fuel sales have been made in North Carolina, South Carolina, and Georgia. They also have had supply contracts to NY that were picked up at their facility by the customer/broker. The plant is open Monday – Friday, from 8:00 am to 7:00 pm. At peak production times they have operated on Saturdays as well.
Successful, timely and well-managed this business is a gem in its field. 90% is repeat business, 10% comes from word of mouth. Offering hauling services to oil fields across the plains of west Texas. They work with the oil field supply companies hauling pipes and tubing to the well sites. With an experienced team of drivers, and trucks well maintained and ready to go, the business brings in an impressive income. The services are operated out of a 3600 sq ft building on a beautiful five acre property. A highly trained staff of 14 full-time employees provides service for the surrounding region of oil fields with confidence and integrity every time!
Home oil delivery route, this business has been established since 1954. Loyal customer base and opportunity to grow business. This business has been extremely profitable. Owner is willing to train. Truck is in excellent condition. This is a good business to expand your current fleet or start out and expand on the opportunity for a booming oil industry.
Project Hauling (S-Corp) is a two location, diversified oilfield service company serving the mid-continent, with a focus on Kansas, but going to the Colorado and Oklahoma borders. It is headquartered in Kansas and does about 60-70% work-over/production related work and the rest is tied to drilling. With lower prices, the company still stays busy having said that. The company provides an array of oilfield-related services to E&P companies/Operators such as Fluid Services (60-70% of Sales - Water Hauling/Vacuum Trucks), Construction and Dirt Work (10-15%), Oilfield Trucking (10-12%), Rental Equipment (5-10% - Frac/Swab tank rentals), pump & swivel (5-7%). Operating out of two locations, the company is able to cover a wide radius from central Kansas to the Oklahoma border and beyond. 70% owner and founder seeking retirement and Vice President can stay on board if needed. The company also owns 7 salt water disposal wells. Because of the company's services, about 70% is tied to work-over/production activities and 30% new drilling, so it is protected from oil price fluctuations to some degree. In Kansas, it is very cheap to drill compared to other regions, so new drilling happens here even in the $60's and $70's/bbl. Also, according to Citi Group Kansas is one of the lowest production cost states for break-even, as low as $50/bbl and even lower in some areas of the state. Plays like the Niobrara, Permian, Eagleford and Bakken all operate closer to around $60/bbl for production break-even. The MS Lime play is one of the cheapest shale plays to boot. Only the Marcellus is cheaper of the major US plays. To build a $2.5mm EBITDA platform: There are two companies doing the same things (for sale) in the same geography that GPCP has found that could build a bigger platform if the buyer is interested, building a platform of $2.2-2.5mm EBITDA. The other companies have a combined EBITDA of just under $1mm in fact, and Project Hauling likely will finish 2014 around $1.3mm. The GM of Hauling would stay on board to run all three companies.
Fuel Distribution Company
This Southwestern US Gold/Silver Processing Mill has an Active-Status captive processing and tailings (110(2)) permit. The mill is also centered between many small high-grade mining operations, and its 110(d) technical amendment will allow the business to “toll mill” for these clients. The mill uses conventional gravity and flotation technologies to produce gravity as well as a bulk, poly metallic Pb-Zn-Cu-Ag-Au concentrates, typical of the region’s ores. The mill’s permit allows up to 200 tons of ore per day and it is in process of being amended to 400TPD. Today the mill equipment limits the business’s capacity to 75TPD. Additional crushing capacity could bring production up to 120TPD. The operation is accessible 365 days per year. The company’s goal is to become a 400stpd toll/custom milling and refining company uniquely servicing small high-grade mining operations in the area.
The Company is an oil and gas equipment rental and services company, providing primarily pipe and tubing, and related accessories and tools to major industry exploration and development operators in Texas and New Mexico. Its product and service mix comprises rental tubing and other rental equipment, as well as equipment hauling, inspection services, forklift site services, and sales of parts and tools. The Company has achieved high margins by focusing on tubing and related equipment that has a relatively short payoff period compared to its useful life, and has increased its market share and recurring customer revenues by providing other services such as hauling, forklift/handling, and parts sales. Customers are major oil exploration and development operators, as well as drills and service providers. The Company is well positioned for continued growth and success.
Industrial storage facility offering both secured outdoor storage and climate controlled warehouses. Designed to store all types of industrial equipment including large or small exchanger bundles, pump motors, electrical motors, hanging shafts, compressors, pipes, all types of catalysts, and more. Strategically located in center of the Gulf Coast energy boom. Within 5 miles of 80% of local refineries, chemical plants and Interstate 10. Perfect opportunity for buying into and expanding in an industrial market said to surpass North Dakota's oil boom.
Texas Oil Reserve $900k* 100% working interest.. estimated 30-40 BOPD* $900,000 initial cash payment* Initial cash payment creates estimated* 4 wells drilled and completed, also initial cash payment goes toward down payment of total purchase of the land, minerals, and wells. Location Houston, Harris County Texas Contact Robert 800-656-8485
These seven oil wells are located in two separate fields near Vernal, Utah. These oil well leases have decades of proven production, along with the upside opportunity to add additional wells. The leases sit on a total of approximately 760 acres that are authorized for 22 additional wells. These black wax oil wells have averaged a combined 13,000 barrels of annual production over the last ten years. Net revenue interest for the wells averages 80% and the net working interests are 100%. All of the production is currently handled by the seller and his son, so operating costs are comparably low. However due to other business interests, they have not realized the full production capacities of the existing wells, nor have they drilled new ones. The current owner’s leases are termed “held by production,” meaning that as long the production continues, the leases have indefinite terms. At the one site, production depths are at approximately 10,000 feet. In the other, depths range between 7,200 and 7,500 feet. Other wells are currently being drilled near these wells and are not having to be drilled any deeper. Production volumes are solid in these neighboring wells and producers have not had to use any fracking. Each of the seller's wells also produce small amounts of natural gas that the owner, at one time, sold to the marketplace. They ceased this practice a number of years ago as the third-party pipeline owners at the time provided inconsistent service and the price per MCF averaged $1.00. With current pricing being around the $3.00 per MCF, new owners could resume selling the gas. With current volumes, this would add an additional $2,000 per month of income.
400 acres lease in Northwest Texas. Oil and gas lease with 80% working interest in 20 wells that all need rework plus will drill 6 new wells. Total investment is $1,200,000 includes 50% of the working interest in all wells current 20 and new 6 wells. Well depth around 1700 ft. Projected payout n 18 months.
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