SeeBITDAOklahoma

Oklahoma businesses likely to sell

2 businesses in oil & gas in Enid show several signs that an owner may be getting ready to sell: decades in business, the founder still running it, no family successor, or a shrinking workforce. Signals, not certainties: a good list to start conversations from.

BusinessEst. revenueEst. valueScore
HOTSY OF OKLAHOMA INC
Enid · Support Activities for Oil and Gas Operations · Owner: Robert Skaggs
  • In business 53 years (since 1973)
  • Founder still runs it after 53 years
  • No family successor named on its website
$9.4M$10.1M60
Huston Energy Corporation
Enid · Oil and Gas Extraction · Owner: A.L. Huston
  • In business 59 years (since 1967)
  • Founder still runs it after 59 years
$12.8M$14.7M50

How the score works

Points for years in business (15, 25 and 40+ years), a founder still in charge after 20 years, no family member on the team after 25 years, and a headcount down 20% or more on recent retirement-plan filings. Points come off for family already in the business and for a recent sale or investment. Businesses scoring 40+ are listed. Founding years come from public records and the company's own website; see the methodology.