Thursday, 5 October 2017

Permitted Oilfield Liquid/Solid Waste Disposal Facility & Service Company, Central West USA


Business Description:
Operating for over 24 years, this company and facility is an oilfield permitted solid & liquid waste disposal facility and related service provider. Services include solid and liquid waste receipt and processing (bioremediation and land farm for solids) as well as hydro excavating, and truck/equipment washing services. The Company generates the majority of revenue via the receipt and processing of solid and liquid waste.

Distribution:
Located in the central west USA and has effectively a Monopoly on the region’s oilfield waste disposal as the next closest permitted facility is over 300 miles away. The Company services a customer base of oilfield companies generating waste.

Operational Strengths:
The barriers to a competitor opening a similar facility are immense as the permitting for the Company took 5 years and $5 mm. The Company has $11 mm invested in specialty equipment including Proprietary Mobile Centrifuge Trailers/Equipment & Proprietary Mobile Water Recycling Trailers/Equipment. 47 MSAs in place. Additional 300 acres permitted and prepared for use.  Multiple excavation/vac trucks.

The Transaction: The owner has invested significant capital in the Company, facilities and equipment and feels it is time to exit his investment for personal reasons.

Financial Summary (000’s)

2017 Est by Seller
2016
2015
Revenue
5,995
2,634
2,795
Adjusted EBITDA
3,077
412
122

Other Highlights
Location
Financials
Management Team in Place
Years in Business
SIC Classification
Central West USA
Internal
Yes
24
1389,3533

  
Direct All Inquiries to:
                                                       Gottesman Company
Refer to:  S-2432-22 DBN
Tel: 212-330-8010     Fax: 646-434-4557