VEN1426

Diesel Particulate Filter Cleaning Company in the Permian Basin

Southwest US
 

This is a highly specialized diesel particulate filter cleaning company for diesel engine trucks in the Permian Basin. Cleaning diesel particulate filters is the only service that the company provides, allowing it to clean filters in less than 24 hours after being scheduled. The company is growing rapidly and is seeking a full or partial sale to facilitate the growth of its operations.

Key Aspects:

  • Specialized tools and processes followed by the company allow its products to last twice as long as the competition
  • Located in the Permian Basin, servicing the oil and gas industry
  • Has seen incredible growth in revenues as demand skyrockets
  • Revenues have had a compound annual growth rate of 11.6%, even during the oil downturn
  • Service time and prices are drastically shorter than the competition (dealerships)

    Opportunities:

    • Expand geographic area served by opening new locations
    • Hire extra staff to help meet the demand for its services
    • Offer services to new entity types, such as municipalities
    • Expand service offerings to new vehicle types
       
       
       
      For the Year Ended 12/31/2018 12/31/2017 12/31/2016 12/31/2015
      Internals Tax Returns Tax Returns Tax Returns
      Revenue 455,032 550,156 338,311 293,657
      Gross Profit* 361,090 405,432 271,553 170,894
      Adj. EBITDA** 76,356 129,637 169,807 99,525

      *The owner likes to buy needed materials in bulk, causing Cost of Goods Sold, Gross Profit, and EBITDA, to fluctuate year-by-year
      ** Earnings before interest, tax, depreciation and amortization (non-cash items)
       
      Bids Invited