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Asking Price:	Not Available
Business for Sale Industry:	Services: Construction, Contractors
Year Established:	2000
# of Employees:	16
Yearly Revenues:	$5,260,000
Yearly Cash Flow:	$2,100,000

Business for Sale Overview:

The Company provides Horizontal Directional Drilling and Boring services primarily to major exploration & production companies as well as to gas pipeline construction and maintenance companies in the energy industry serving the oil fields in Western Louisiana, Southern Oklahoma, and Texas. It also serves underground utility and cable optical businesses throughout the southern states. The heavy exploration activity in recent years is expected to continue for an extended time into the future as oil and gas prices stay high. Similarly, recent pipeline safety legislation has created billions of dollars of revenues for qualified pipeline companies and businesses that serve them. The Company has 12 master service agreements (MSAs) in place and serves approximately 35 customers.

Property Features and Assets:

The facilities and land currently being used by the Company are the property of the owner. The owner is not contemplating selling the property for use by new ownership. The property can be used for a negotiable time period until a suitable piece of property and building can be found. Annual rent expense of $36,000 was factored into EBITDA for purposes of valuation.

Market Competition and Expansion:

Ideally located in a strong economic region of the U.S. that enjoys a healthy market with an excellent long-term growth outlook.

Additional Details:

• The property is leased.
• The owner is willing to train/assist the new owner.
• The owner may be willing to work for the new owner.
• This may become a homebased business opportunity.
• This may become a franchise resale opportunity.
• This is not a distressed business or bankruptcy situation.