Business for Sale Overview:
The March Group currently represents two highly respected Companies that are solutions providers for customers in the oil and natural gas explora
tion and extraction industry. While the two Companies have only been in business for less than two years, they are managed and staffed by a team of industry veterans and experts allowing the Companies to quickly establish themselves as premier Tier I suppliers to oil and natural gas industry customers. Further market potential is immense: with targeted acquisition candidates for vertical integration and geographic expansion both within the continental United States and throughout the world. Company A - Revenue is derived from water transfer with the remainder coming from the sale of tools and parts. Water transfer income is generated by the rental and placement of water pumps, aluminum piping for the movement of water, BOP valves and BOP operating and control systems. Company B - Four primary components: sales, service, rentals, and repairs. The largest component of revenue is sales – comprised primarily of surface wellhead products – followed by rentals, service, and rental repairs. Along with surface wellhead products the Company sells frac equipment, flow control equipment, coil tubing equipment, and machinery and provides service offerings that include repairs, refurbishing, installation, field greasing, field services, and field maintenance. Both Companies presently serve markets with a high concentration of oil and natural gas plays and Company management has identified several additional locations for geographic expansion, some of those at the strong urging of the Company customer base. Management has identified several strategic acquisition candidates that would be considered bolt-on acquisitions for the development of a vertically integrated player in the oil and natural gas industry. Company A is able to provide pumped water directly to wellheads at an average cost of $2.00 per gallon, a cost savings of $2.00 per gallon to their customer over barreled water while also being delivered more efficiently. Company B only contributed eight months of revenue generation to the year ended December 31, 2008. The combined revenue for both Companies as of December 31, 2008 totaled $10,592,026 and is forecast to reach $15 million for 2009. EBITDA on a combined basis for the calendar year 2008 is $3,338,774 and projected at more than $5.0MM for the year ending December 31, 2009.
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Property Features and Assets:
14,000 square feet company owned facility in one location and an 8,000 square feet leased facility in another state for the base of operations in that state.
Market Competition and Expansion:
Expanding with little competition that has the full spectrum of capabilities that these two Companies offer.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
Contact the Seller:
To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.