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Business For Sale

Utility Drilling Company For Sale

East, NE, USA

Services: Non-classifiable

Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$1,600,000
$906,085
Not Disclosed
$565370
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
2003
3
63647199

Business for Sale Overview:

This horizontal drilling company nets over $500,000/year and has been doing very well since it was established in 2003. The future looks even more promising! No experience is necessary and the current owner is willing to stay on for an extended period of time to train a new owner on how to lead the crew and bid projects. The seller will work with the new owner on running the existing crew as well as training additional crews. The new owner can generate substantially more income by bidding additional projects in southern states. The company provides drilling services for electric, phone, water, cable, sewer, natural gas, and liquid pipelines. Strong relationships are in place with various government entities as well as dozens of general contractors, many of which only use this company for these services. Also, some contractors use this company for design/build work which helps maintain high revenue for each job. The company handles many local projects and also works in many surrounding states. With additional crews, a new owner could significantly increase revenue. Currently, the company is actively working projects only nine months per year. The business includes $797,428 in equipment. For more information, please contact Jeff Hofflander at 402-827-3190.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Reason for Selling:

To make time for missionary work

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.

Resources:

 

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