Well Drilling Business
Asking Price: | $1,100,000 |
Gross Revenue: | $911,188 |
Rent: | $6,650/Month |
Established Year: | 2023 |
Cash Flow: | $304,898 |
Inventory: | $10,000 |
FF&E: | $884,000 |
This is an exceptional opportunity to acquire a well-drilling business with a solid foundation. This business is already positioned to capitalize on strong market demand driven by demographic growth and increasing commitments from both commercial home builders and residential homeowners. Ideal for someone looking to enter or expand in the well-drilling industry with a ready-made business that has the potential for
sustained profitability.
Key Features:
New Equipment: includes 2023 Versa Drill V-12 Rig; TCM Forklift; 2001 Mac RDS Water Truck. Detailed equipment list provided upon request.
Experienced Team: The owner has assembled a skilled team with over 25 years of experience in the drilling and water purification industry, bringing a wealth of knowledge and expertise to the business.
Strong Market Demand: The business is positioned in a region with a rapidly growing population, driving increased demand for both residential and commercial well-drilling services.
Owner Willing to Qualify: The current owner is willing to qualify the business and provide necessary support to ensure a smooth transition for the new owner.
Financing: While this is a startup business and may not qualify for an SBA loan, the business could be eligible for a conventional equipment loan due to its strong asset base and established pipeline of work.