Profitable Well Drilling & Pump Service Company

Not Disclosed, CA

Central California

Asking Price: Annual Revenue:
$2,500,000 $1,552,077

Services: Utilities: Electric, Gas, Water, Sanitary

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RE: Profitable Well Drilling & Pump Service Company Broker: Tricia Amen
License #: 02118080
Owner Financing is Available!
$2,000,000 Down.

Quick Facts

Asking Price: $2,500,000
Annual Revenue: $1,552,077
Net Profit: Not Disclosed
Cash Flow: $561,444
Total Debt: Not Disclosed
FF&E: $946,100
Real Estate: Not Disclosed
Year Established: 2015
Employees: 10
BBN Listing #: 743823364
Broker Reference #: 21477

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Business Overview:

This is an excellent opportunity to own a thriving California agriculture based business currently serving the central region. They offer a wide variety of services in the well and pump industry. These services include complete well drilling, to pump repair, and new installation. They currently offer services for residential, agricultural, and commercial industries. This is the right time to get involved, in the down season the company currently has a 3+ month backlog on permitted jobs and 6 month waitlist with two drilling rigs running 5 days a week. They expect revenues well above 2 million plus this year. Equipment value is $1.1 million with a current inventory of $100,000 - $150,000. The company rents a 2 acre yard, with a 4,500 square feet office and shop. The ideal buyer is a farmer, rancher, contractor or someone familiar with the well & pump industry. The buyer will need to obtain a C-57 license and the seller is willing to assist. The seller is hands on in the business and is relocating out of state. Please email Trish (agent) for more details.

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Reason for Selling:

Relocating out of State.

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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