Established Drilling Contractor for Sale

Denver, CO
Denver County


Asking Price: Annual Revenue:
$4,000,000 $4,934,286

Services: Construction, Contractors


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RE: Established Drilling Contractor for Sale Broker: Nathan Willis

Quick Facts

Asking Price: $4,000,000
Annual Revenue: $4,934,286
Net Profit: Not Disclosed
Cash Flow: $822,151
Total Debt: Not Disclosed
FF&E: $2,128,700
Real Estate: Not Disclosed
Year Established: 1979
Employees: 22
BBN Listing #: 244358453
Broker Reference #: 0873-255518

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Business Overview:

An established commercial drilling contractor is for sale in the Front Range of Colorado. The company's primary line of work is in geothermal drilling, well drilling and pump servicing. With many municipalities converting to geothermal, the company has lots of room for growth under new ownership. The current owner has been running the business for 40+ years and is looking towards retirement.

Asking Price: $4,000,000
Training & Transition: 12 months
Reason for Sale: Retirement

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Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • The owner is 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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