Highly Profitable Drilling Business For Sale

Not Disclosed, MA

New England


Asking Price: Annual Revenue:
$2,199,999 $2,009,478

Services: Construction, Contractors


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RE: Highly Profitable Drilling Business For Sale Broker: Seller of Business

Quick Facts

Asking Price: $2,199,999
Annual Revenue: $2,009,478
Net Profit: Not Disclosed
Cash Flow: $558,514
Total Debt: Not Disclosed
FF&E: $1,635,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 11
BBN Listing #: 175054665
Broker Reference #: Not Disclosed

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Business Overview:

Exceptional Business - Inquire for details

A rare opportunity to acquire a top geotechnical and environmental drilling service company in the New England region is now exclusively available to qualified buyers.

Very rarely does a business like this enter the market. The industry is tight-knit and hard to break into as a start-up. This is an ideal business acquisition for an existing drilling operation, construction or engineering firm to grow its revenue and increase its equipment inventory through acquisition. Alternately, a new owner with experience can purchase the business to work in a leadership role to run the turn-key operation.

The business employs an experienced workforce of 11 full-time employees. Most have a tenure greater than 10 years. Services are competitively priced, and the business beats most competing quotes based on the efficiency of their process and equipment. The reputation and relationships built with top engineering firms are impeccable. The business holds state and federal contracts.

Currently the owner works 20-30 hours per week in a management role only and is looking to sell the business to retire. All equipment is in excellent condition with many items being purchased within the last two years.

Equipment and inventory is included in the asking price, estimated value is over $1.6MM.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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