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Saltwater Disposal Business w/ 4 locations! for Sale in Texas and Oklahoma locations

Reference #: 41311042
Location: Texas and Oklahoma locations
Price: $36,000,000
Amount Down: $36,000,000
Revenues: $38,790,000
Discretionary Earnings: $9,172,800
Total Assets: $17,500,000
Business Description:

THIS BUSINESS IS CURRENTLY UNDER CONTRACT!!!!!!Business was founded over 13 years ago and is an oilfield service business.  The owner started with 1 truck and grew it into a multi-million dollar business with over 100 vaccuum trucks now.  The fleet is made up of all 2005-2008 year model trucks, 56 frac tanks, 2 completed disposal wells sites, and dirt construction equipment.  This businesses primary market is hauling salt water from oil/gas wells to disposal wells.  They also haul fresh water and drilling mud to oil/gas well sites.  The additional services this company provides for the oil/gas drilling industry are: trucking drilling/completion fluids, disposing of drilling mud, backfilling reserve pits and restoring locations in the East Texas, Barnett Shale and Woodford Shale areas.  This business currently has 4 yards in prime locations & owns and operates 2 salt-water disposal wells.The trucks are all company owned not leased.  The disposal wells have capacities of 10k up to 30k barrels per day.  The company has a detailed growth plan already in place for 2009 to add 100 more trucks and four additional disposals. 


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The information above has been provided by the seller and/or the seller's financial advisors and has not been verified by this independently owned office, its representative, or VR. This independently owned office, its representative, and VR make no warranty regarding the accuracy of this information and advises prospective buyers to conduct their own due diligence prior to purchasing any business.