Pipe Bursting, Drilling Business In North Dakota

Not Disclosed, ND Not Disclosed

Asking Price: $7,000,000

Annual Revenue: $5,953,613

Services: Construction, Contractors

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Pipe Bursting, Drilling Business in North Dakota

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RE: Pipe Bursting, Drilling Business In North Dakota
Contact: Stan Gibbs

Quick Facts

	Asking Price:	$7,000,000
	Annual Revenue:	$5,953,613
	Net Profit:	Not Disclosed
	Cash Flow:	$1,384,635
	Total Debt:	Not Disclosed
	FF&E:	Not Disclosed
	Real Estate:	Not Disclosed
	Year Established:	2001
	Employees:	Not Disclosed
	BBN Listing #:	937184
	Broker Reference #:	11246 SG DJ

Email or Print Listing

Business Overview:

Pipe bursting and water main replacement, and directional drilling business in North Dakota, established 22 years ago by current owner. This specialized process has very little in state competition, with several cities in North Dakota having long term bursting/replacement plans. This process is appealing to cities due to minimized disruption of traffic. It also eliminates total reconstruction of roads, thus creating savings for the cities while also installing new watermains.

The push to eliminate lead lines has great potential for income as it is subsidized by the government and in conjunction with replacement projects. Lead lines on projects are very profitable. This company also offers pit launched directional drilling which complements this process as a prime contractor. Business is available due to owner wanting to retire. 2023 Revenue $5,953,000 with Owner's Adjusted Net $1,385,000. Priced at $7,000,000, including $3,000,000 equipment. Please contact Stan Gibbs or Duane Johnson using reply to this ad button.

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:

Owner Wants to Retire

Additional Details:

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

Documents:

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