Tank Truck & Oil Field Services #86202119

The price in this company excludes $5M in equipment. If purchased, the price would be $1.5mm + $5mm in FFE. This business was started in 2003, and has established themselves through the years as a solid oil field services company. They have a diversified service offering with fluid hauling and service work for all three stages of making a well ready for production. The business has operations in two separate locations in Texas. The business is permitted for multiple commercial disposal wells, and has equipment such as high efficiency pumps, PTO’s and 18 wheelers and vacuum trailers to optimize their pump times and efficiently run truck operating hours for revenue generation. Location: Texas Year Established: 2003 Number of Employees: 25 Real Estate: Leased Building Sq. Ft.: 2,500 Rent: $2,500.00 Per Month Facilities: This business is highly reputable, and has a loyal customer base over the years. Leadership has strategically cultivated relationships and has generated repeat customers. With over 20 MSA’s, there are quick growth opportunities available as oilfields pick up pace and natural gas is positioned for the future. Market Outlook/ Competition: • Highly Skilled Team— This business prides themselves on having a highly reliable crew that makes safety a priority. The crew includes: 15 total drivers, a Houston Tx based corporate office including finance and accounting, supply chain and recruiting. • Differentiated Services– The business offers customers a service offering including: fresh water sales, fresh water hauling, frac fluid hauling, drilling mud hauling, cement jobs, watering jobs, frac tank rental, winch truck, end dump and vacuum truck services. • Strong Growth Opportunities– There are numerous opportunities for a new buyer to step in and grow operations. Ownership, who is willing to stay on, notes that they have the capacity with existing equipment to increase revenue by 2-3x in 2022. The business currently diversifies their service offering to construction, with the equipment included in the sale. • Equipment— This company has an equipment list of 80 plus fleet of equipment, which includes 17 Mack Trucks, with over 30 vacuum trailers plus 17 frac tanks and several utility pickups that support operations. The company prides themselves on using industry best practices in safety and operations. Growth & Expansion: *Strong industry growth projected especially in 2022 *Equipment can support rapid growth