Gas and Oil Remediation Services for Sale.

WY

Gas and Oil Remediation Services for Sale.

Asking Price:$1,800,000

Cash Flow:$512,000

Gross Revenue:$1,999,999

EBITDA:$512,000

FF&E:$500,000

Inventory:$35,000*

Real Estate:$380,000

Established:2006

*not included in asking price.

Gas and Oil Remediation Services for Sale.

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Business Description

FMV of Assets if $1.4 Million (conservative). Seller would carry $400,000 Note to be paid over time or as an Earnout and would remain and work for 10 hours a week for up to 2 years. An excellent opportunity to own a Gas and Oil Field cleanup and remediation services business. This business is established since 2006. They focus on the production side of oil and gas so they haven't seen revenue decrease as a result of falling oil prices. Management is in place and is capable of running the operation with minimal oversight.

$1.4 Million Assets
$0.4 Million for the business (paid over time)
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$1.8 Million total
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Detailed Information

Inventory:
Not included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
N/A
Employees:
15
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Company is a multi-state operation with headquarters in Wyoming. They opened in 2006. They are the industry leader in Wyoming for oil spill cleanup and remediation services. As a seller of an excellent detergent, they have protected sales areas in Wyoming. Company operates in the production side of the Oil and Gas Industry. Because of this, the recent drop in oil prices hasn’t affected their business. The financials will show a steady revenue stream over the past years. They have 3 main sources of revenue: Production Equipment Maintenance & Roustabout On-site Oil Spill Cleanup & Remediation Product Sales of Remediation Agents & Shaker Screens Offering includes Real Estate of 2.57 acres and 3,888 square foot building and shop facility.
Competition:
One main competitor in the area. The Company dominates the service business in the are with one main customer.
Growth & Expansion:
Expanding the service offering would be an excellent way to increase business. The owner has recently had success doing this.
Support & Training:
As much as is necessary to facilitate a smooth transition.
Reason for Selling:
Relocating to be back home with family in a warmer climate.

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Heather Krebs 801-201-6866

Business Listed By:
Heather Krebs

Business Sales Group

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