Seller's Contact Information
- RE: Profitable & Fast Growing Well Drilling & Pump Co
- Contact: Nick Kendle
Quick Facts
Asking Price: | $17,000,000 | |
Annual Revenue: | $11,243,013 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $2,967,525 | |
Total Debt: | Not Disclosed | |
FF&E: | $6,796,321 | |
Real Estate: | Not Disclosed | |
Year Established: | 1978 | |
Employees: | 21 | |
BBN Listing #: | 581759533 | |
Broker Reference #: | 61523-984963 |
Business Overview:
Established, Profitable & Fast Growing Well Drilling & Pump Co's.
For over 30 years this highly successful water well drilling company has capitalized on their exceptional knowledge and service. Combined with their pump service business it is one of the most well respected companies in the industry.
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Property Features and Assets:
-Real Estate Available For Purchase- Monthly Rent: $6,000.00 Facilities:Office, shop, and warehouse. FF&E Overview: Equipment including vehicles. The value of the office equipment and smaller items not in the FF&E value. FF&E General Condition: Good to new working order. Value was based on the replacement value of like year with like wear/mileage.
Market Competition and Expansion:
There are only 3 main competitors within a 100 mile range. The Purchase of a larger Drill Rig that enables them to do more municipal projects and by expanding their areas that they will do projects in. Once that is done the pump service will follow.
Reason for Selling:
Retiring
Additional Details:
- The property is owned.
- 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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