Business For Sale

Iconic Frac Sand Business

Mountain, UT


Asking Price: Annual Revenue:
$16,000,000 $12,035,605

Manufacturing: Energy, Oil, Petroleum, Gas Production


Request More Information
Contact the Seller

RE: Iconic Frac Sand Business Broker: Darlynn
License #: UT#5487244-pb00 WY#11617

Quick Facts

Asking Price: $16,000,000
Annual Revenue: $12,035,605
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $8,000,000
Real Estate: Not Disclosed
Year Established: 1981
Employees: 24
BBN Listing #: 45845494
Broker Reference #: S-3928

Email, Print & Share

Request More Information
Contact the Seller


Business Overview:

This company is so iconic and so dominant in its segment of the oil and gas services business in the Uintah Basin that we can only describe it in the vaguest terms so as to not give away the farm.

But the company is in the frac sand business, which is a good business to be in. Three factors are driving up the usage (and price) of frac sand: drillers are using more frac sand per well to open bigger seams in the shale, the horizontal distance drillers are branching from the wellhead is getting greater, and new wells are being opened.

As a result, business is good at this venerable company. Proforma sales for 2017, based on first quarter results for the two operating units are projected to total $12,035,604 with cost of goods sold projected for the year at $5,204,753. The net income is a very respectable $4,156,239.

The listing price is $16 million.

Five reasons to buy this company now:

o The replacement cost for the firm’s combined plant is an estimated $20 million
o The company is efficient, earning $240,712 per employee. By contrast, the revenue per employee at Walmart is $220,000. At Starbucks it’s $84,000 per employee
o Frac sand usage per hole has doubled over the last few years
o Provable oil & gas reserves in Utah doubled from 2008 to 2016, thanks to fracking
o The company is unusually adept at utilizing technology

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Relevant Links:

Request More Information
Contact the Seller



BusinessBroker.net is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!