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Well Drilling Business

Florida

Asking Price: Gross: Cash Flow:
$10,000,000 $11,800,313 $2,216,295

Furniture and Fixtures Value:
$50,000 (included in the asking price)

Inventory Value:
$1,000,000 (included in the asking price)

Real Estate:
$875,000 ( not included in the asking price)

Business Summary:
50-year-old, very profitable Well Drilling business for sale. The business enjoys a consistent backlog of work in the areas of Irrigation, Service, Water Treatment, Well Drilling, Installation, and Pest Control. All the equipment, long term employees, and customer base needed to continue to be successful, profitable, and growing. Owner willing to continue with the business in some capacity. Real estate is available for purchase for an additional $875,000. Included in the purchase price is inventory, rolling stock, trucks, rigs, and trenchers. Tax Returns are years ending on June 30th.

 
   
   
Year Business was Established: 1973
   
Number of Employees: 45/FT, 2/PT  
   
Facilities / Terms of Lease: Lease/ Month: $13,000,Sq Ft: 3040, Building Type: Office/ Warehouse  
   
Reason for selling: Retirement  
 

 

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