Seller's Contact Information

  • RE:  Soil / Geo-Technical Sampling Limited Access & Ful
  • Contact:  Jerry Mendrell
  • License #: 01487127

Quick Facts

Asking Price: $0
Annual Revenue: $1,650,000
Net Profit: $300,000
Cash Flow: Not Disclosed
Total Debt: $1
FF&E: $1,100,000
Real Estate: Not Disclosed
Year Established: 1996
Employees: 12
BBN Listing #: 950362768
Broker Reference #: Not Disclosed

Email or Print Listing

Business Overview:

Geo-Technical and Soil Sampling for ground stability considerations.

SELLER SPECIFICALLY SEEKS A SYNERGISTIC and or STRATEGIC BUYER or PARTNER to work with after this sale is completed for mutual growth and profitability.

Asking price for the BUSINESS - $1.5m - does NOT include the additional cost that the Buyer will be responsible for. This additional cost - Seller's debt - is specifically for the purchase of the new/additional trucks and equipment of which have been made obsolete by the environment emissions laws of California. This additional cost/amount is ESTIMATED at about $1m.

WHILE THERE IS NO ASKING PRICE, THE EXPECTED SELLING PRICE WILL BE IN THE VERY LOW '7 FIGURES' (as in about $1,500,000) ARENA PLUS THE APPROXIMATE $1,000,000 OF NEW EQUIPMENT DEBT LOAD REQUIRED BY CALIFORNIA EMMISSIONS (All CA companies with large diesel trucks are affected in the same way)

A full-service drilling company serving the geotechnical, environmental, engineering, and construction communities throughout the Southwestern United States.

With almost thirty years of experience in full size and limited-access drilling, combined with skilled equipment operators, and a fleet of state-of-the-art drilling rigs, this all works to making is offering the reliable choice for all drilling and soil/water/vapor sampling projects.

They offer assistance with field investigations for difficult-to-reach locations as another specialty. Their extensive experience and quality equipment capabilities provide solutions to customer’s projects, unique challenges in a timely, cost-effective manner. They provide skilled personnel and advanced equipment to ensure that all drilling, soil sampling, and related support services exceed their customer’s expectations.

Services offered:
1. Full service drilling
2. Soil sampling
3. Water and vapor sampling
4. Monitoring well installations
5. Rock Coring
6. Full Support Services
5. Off-Road capable Trucks with Mounted Drilling rig

They provide a complete line of specially manufactured equipment specifically designed to operate in limited-access environment applications on land and over water.

Additionally, they approach every customer, project, and job site with respect, a positive attitude, careful attention to detail, and sense of pride in our work.

Seller is very interested in selling to or merging with a larger and or synergistic/strategic buyer for up to five consecutive years for mutual growth and profitability. He MAY also be interested in retaining a minority ownership position with the right Buyer.

(ALL, ALL INFORMATION SUPPLIED IN THIS AD IS FROM THE SELLER AND MUST BE VERIFIED BY THE BUYER. FURTHER, BUYER ACCEPTS FULL RESPONSIBILITY FOR VERIFICATION OF ALL INFORMATION GIVEN IN THE ADVERTISEMENT INCLUDING, BUT NOT LIMITED TO, FINANCIAL INFORMATION AND FACILITY INFORMATION. BUYER UNDERSTANDS AND ACCEPTS THE FACT THAT ALL INFORMATION IS APPROXIMATE AND OR ESTIMATED AND THEREFORE CANNOT BE RELIED ON TO MAKE AN OFFER TO PURCHASE THIS BUSINESS)

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.

Property Features and Assets:

Office and warehouse centrally located in a major metropolitan area for easy of ingress and egress of construction related trucks and employees. Square footage of their rental facility is : a. Office 770 square feet; b. Warehouse 2,300 square feet; c. Secured Yard 7,000 square feet.

Market Competition and Expansion:

Competition is whatever you make of it. If you offer quality, productivity, with-in project mandates of time and budget, you have very little competition. This offering is miles above all other contenders! Growth & Expansion: The opportunities abound within the current offering as well as additional areas of project participation for a larger, better financed owner. We are specifically pointing to additional areas of very profitable growth.

Reason for Selling:

Retirement.

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

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