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Colorado Business For Sale |
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| SEISMIC AND RESERVOIR SOFTWARE DEVELOPER |
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| Attn: Mario Dieckmann |
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| Denver, CO, USA |
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| Asking Price: |
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Not Available |
| Business for Sale Industry: |
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Services: Professional |
| Reason for Selling: |
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An investor is needed to realize the truly. |
| Year Established: |
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2003 |
| # of Employees: |
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18 |
| Yearly Revenues: |
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$1,612,000 |
| Yearly EBITDA: |
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$144,000 |
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Business for Sale Overview:
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Colorado Business Resource, LLC currently represents a ground-breaking seismic and reservoir characterization software developer and consultant for the oil & gas industry already set to top $3,500,000 in sales & $1,350,00 in EBITDA for 2007. The Company’s technologies are so superior that a significant portion of the 60 projects completed over the past 4 years were for competing firms. Cross-platform software features patent-pending technologies in the field of pre- and post- stack high resolution seismic inversion, spectral imaging, faulted framework modeling and geocellular grid building, geologic modeling constrained by seismic attributes & fracture modeling, capable of reaching resolutions of 1 to 3 meters. Scheduled for commercial release in the coming months, the software could easily become the industry standard by 2010. Patent-protected fracture modeling software has been licensed 12 times since release in 2004, although it has never been marketed. Consulting services compliment the software, providing a comprehensive package for those firms that prefer to outsource exploration & production projects. The Company has provided consulting services for a number of national oil companies worldwide; at present, it boasts an especially strong presence in North Africa – where profit margins run very high & growth potential is staggering. Project backlog of between $3,000,000 and $4,000,000 to be completed over the next 18 months. Strong software development team, outsourced from an engineering firm, can develop any software application in a timely manner and at a competitive cost. The founding principals, all long time veterans of the oil and gas industry and highly experienced in their respective disciplines, would like to remain with the Company.
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Market Competition and Expansion:
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Scheduled for commercial release in the coming months, the Company’s proprietary software could easily become the industry standard by 2010. The right investor could guide the company to realizing the incredible growth potential it possesses.
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Additional Details:
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- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise opportunity.
- This is not a distressed business or bankruptcy situation.
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