Gross Revenue: $8,900,000

Cash Flow: $1,500,000

Cash Flow Comments: EBITDA

This is a rapidly growing and very profitable company engaged in the construction, reclamation, and maintenance of drilling locations and reserve pits for the oil and gas industry in Texas.
A typical year involves over 100 projects, with five to ten active at any given time. The Company’s customer base of seven-ten active accounts consists entirely of oil and gas companies. Projects are typically located within a 70-mile radius of the Company’s facility. A number of strong, long-standing customer relationships built over the Company’s history represent the Company’s strong client base. The loyal, non-union employee base numbers approximately 34. The Company is a closely-held S-Corporation with ownership consisting of three principals who are active in the management of the business.

• High profit: EBITDA is 17.9% of sales
• Long-standing (15+ years) reputation for quality service and superior customer support
• Strong client relationships: Management is proud of its strong ties to clients and its reputation for quality work and client service
• Low employee turnover: retention rate averages 95% year to year
• Profitability and A/R collection days significantly better than industry averages