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Businesses For Sale   >>   Chemical Manufacturing Businesses For Sale

Pre-IPO US Based Oil Producer

Location  Texas,United States
Asking Price Range  $2.5M - $5.0M
Gross Revenues  $120000
Net Profit / Cash Flow  $60000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  2013
Number of Employees  1 - 3
Inventory  14000000
Relocatable  Yes
Number of Employees  1 - 3
Real Estate  Leased
Reason for Sale  Pre-IPO

Description  
The Company is a private Florida company set up by oil men with a long history in the field. It is intended as a vehicle to obtain public funds through a listing to drive the expansion of operations in the southern USA. Initially three properties are being merged into the company. The first well to be drilled is already producing a small amount of oil via a test drill, but is predicted to hold anywhere from 28million barrels to 89 million barrels. The initial S-1 registration (funding round) will be done in May 2014, and a second S-1 early next year. A listing will follow in 2015/2016. An opportunity exists now, prior to the S-1 registration, for an early investor to receive deep discounts. Funding requirements: Now: $2,500,000 (min. $5,000) First Round: $50,000,000 (min. $10,000) Second Round: $660,000,000 (min. $10,000)


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