Environmental & Geotechnical Drilling Services Co

Not Disclosed, Confidential

Asking Price: Annual Revenue:
Not Disclosed $4,230,000

Services: Construction, Contractors

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RE: Environmental & Geotechnical Drilling Services Co Broker: Stephen Harrison

Quick Facts

Asking Price: Not Disclosed
Annual Revenue: $4,230,000
Net Profit: Not Disclosed
Cash Flow: $1,390,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 125147780
Broker Reference #: 237110-S5H22

Email or Print Listing

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Business Overview:

The Environmental & Geotechnical Drilling Services Company is located in Western Canada. The Company provides various drilling methods (auger, sonic, direct push, ODEX, diamond), cement coring, hydrovac excavations and utility daylighting, and monitoring well installations. The Company serves the environmental, geotechnical, construction, and mining sectors.

The Company’s drilling services include a wide range of sectors including geotechnical, exploratory, civil, and environmental assessments. For example, the Company provides site-investigation drilling to determine if a site is suitable for construction projects including civil, environmental, industrial and commercial applications. Large structures require site-investigation as unsafe soil or rock conditions may lead to structural collapse.

Drilling services are generally required to characterize soil conditions for geotechnical purposes (soil strength) or environmental purposes (to determine the extent of contamination of soil or groundwater).

This exceptionally well-run firm would be ideally suited to an organization that would like to diversify their operations and add value to their existing business. The Company provides the identification and early entry into a wide range of significant construction projects as on-site drilling is typically the first phase of most large projects.

The current shareholders are willing to remain in the business for a negotiated time period to ensure a smooth transition to new ownership.

Key Investment Highlights

Modern Equipment: Wide range of well-maintained and modern drilling equipment. The Company has made considerable investment in new drilling equipment enabling it to provide the solutions to meet client expectations.

Established Reputation: Well-established reputation and strong client relations.

Experience: Staff is experienced and knowledgeable about the drilling industry and working with various drilling methods.

EBITDA: $1.39M

*figures in CAD$

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Reason for Selling:

To pursue other ventures.

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.

Relevant Links:

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