Horizontal Tunneling & Drilling Bores Services For Sale

Business description

Years of hard work has produced loyal customers that have remained true through good and bad economic times. The current owners are ready to see a new owner take this lucrative business to the next level. This attractive business opportunity offers a rare combination of proven financial performance year after year, excellent growth potential, an experienced workforce and an owner that will stay on through a transition period. The driving force of this Washington based business is the installation of underground utilities using horizontal tunneling techniques that minimize surface disruption and environmental impacts. Their expertise and experience in underground tunneling uses established auger boring techniques to provide innovative, safe and cost effective utility installation. Horizontal Tunneling Techniques are frequently used: Under major transportation arterials such as freeways/highways and railways; Crossings under waterways or other environmentally sensitive natural features; other locations where traditional excavation is not cost efficient. The Owners loyal customers have come to rely upon these horizontal tunneling techniques to engineer installation solutions for their clients. Auger Boring has proven a sound construction method which provides minimal disruption to communities, traffic and the environment while remaining cost effective.

This impressive horizontal tunneling and drilling company was founded in 1951 and bought by it's current owners in 1981. Their motivation for selling is that they wish to retire. This business for sale has much to offer a potential buyer in the areas of stability and potential growth. They are recognized for a great reputation, reliability, strong customer base, quality service, good equipment, and excellent cash flow. Please call today for further details!

All equipment is included in the sale. Also there are 10 vehicles, 2 trailers, 3 compressors, 2 back hoes, as well as a boring machine with accessories, a Rammer, and welder included in the sale. The property is owned by the seller, but not included in the askingh price. Real estate can be negotiated at time of sale.

Products and Services Offered
100% of this companys primary business activity is horizontal tunneling and drilling 12"-60" bores.

Property information

Real Estate:

Real Property Included

Premises details:

This 5,000 sq ft building is located in a high traffic area with good visibility. The two story building is located on a 72,000 sq ft lot with ample room for expansion. The facility includes a 2,000 sq ft of office space over two stories with 800 sq ft office storage. 65,000 sq ft of shop space, plus Equipment Wash Area, Tool Room and Shed Area along with 360 sq ft of staff space. The property is owned with option to buy or lease. The business could be relocated anywhere. Highly sought after commercial property is next to the City Public Works Construction Yard. HUB Zone Area - Potential to be HUB Zone Certified for government bidding opportunities and tax incentives.

Business Operation

Expansion potential:

There is great potential for expansion and growth for a new owner. Adding additional equipment to expand boring operations options (larger casing, directional, etc.) and specialty equipment like steering heads, pilot bores and add-ons to existing equipment would help with the growth and expansion as well as increasing profits for a new owner.

Competition / Market:

There is competition in the area, but this business for sale has earned an excellent reputation over the past years for its expedient, dependable and reliable service, expertise in the industry, skilled and experienced staff, good equipment, and great working relationship. They have proven techniques for safe and successful projects that are on time and on budget. The clientele appreciates this company’s excellent central location.

Trading hours:

Days: Monday-Friday
Hours: 9-3

Employees:

3

Years established:

60

Other information

Support & training:

Owner will stay for a reasonable period to acclimate new owner to area, business and customers. One lead employees will most likely be available after the sale.

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

Up to 10%.

Website:

www.intlag.com/

Relocatable:

This business can be relocated.