Well Drilling - Nets over $350,000 annually

Not Disclosed, NH
Hillsborough County


Asking Price: Annual Revenue:
$1,500,000 $879,811

Services: Non-classifiable


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RE: Well Drilling - Nets over $350,000 annually Broker: Jody Reese

Quick Facts

Asking Price: $1,500,000
Annual Revenue: $879,811
Net Profit: Not Disclosed
Cash Flow: $372,301
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1960
Employees: 5
BBN Listing #: 564350951
Broker Reference #: 09551-65368

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Business Overview:

The trades are alive and well in New Hampshire with this well drilling business. This company focuses on water well drilling and pump installation and replacement. Owner is looking to retire.

Revenues are just under $1,000,000 with the owner taking out over $350,000 annually from the business. Business includes rigs, trucks, drill steel and all the equipment in great condition needed to continue the business. Staff of three with the owner run the business day to day.

Owner willing to stay on for transition as needed depending on who the buyer is.

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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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