Ground Water Locating Service - Unique Opportunity

Not Disclosed, TX
Tarrant County


Asking Price: Annual Revenue:
$357,784 $223,640

Services: Engineering, Architectural Services


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RE: Ground Water Locating Service - Unique Opportunity Broker: Linda Broom
Owner Financing is Available!
$214,674.00

Quick Facts

Asking Price: $357,784
Annual Revenue: $223,640
Net Profit: Not Disclosed
Cash Flow: $119,000
Total Debt: Not Disclosed
FF&E: $40,000
Real Estate: Not Disclosed
Year Established: 2007
Employees: 2
BBN Listing #: 388352115
Broker Reference #: 69071-190258

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Business Overview:

Data collection in the field is the key, a skill that can be learned, but patience/perseverance necessary. Daily operation including the bookkeeping/financials. Placing ads. Perform the preliminary research for data collection, prior to performing the services for clients. Analyzing/interpreting data collected in field and compiling written reports for clients. Quotes, billing. All work is billed and collected prior to clients receiving the final report. NO COLLECTIONS!

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Property Features and Assets:

Established in 2007 to provide services for ranchers, farmers, homeowners, golf course developers, municipalities and private water companies in site selection for drilling a water well. The use of proprietary software and seismic technology can detect the presence or absence of groundwater. If water is detected, customers are provided the approximate depth and yield range measured in gallons per minute, prior to drilling. Water well drillers get paid by the foot whether they hit water or not. Clients save thousands of dollars by avoiding drilling dry wells or drilling on sites that have very little yield potential but also providing the optimum place to drill.

Market Competition and Expansion:

No direct competitor in the immediate area. 2-3 companies on the west coast. Business is scalable for continued growth, but would also be a great husband/wife business opportunity or family business. The current owner has enough operating equipment to add a 2nd crew.

Reason for Selling:

Retiring

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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