• Listing ID: 1282156
  • (Seller ref: 1293)

Well Drilling And Pump Service Profitable For Sale


Location:
Category:
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Type:

Asking price:
$625,000 (Furniture / Fixtures and Inventory / Stock included)
Sales revenue:
$122,655
Cash flow:
$446,405
Years established:
1936
Employees:
4
Home based:
This business can be run from home.
Relocatable:
This business can be relocated.

No image available

Offered is a profitable, very well established company providing complete water drilling, pump services, and water conditioning systems to residential, farm, and commercial customers. Their name is synonymous with 'reputable,quality'. They are known for competitive pricing, quality of work, customer service, integrity, and reliability.
Business is already on track to return to pre-recession levels of revenue and profit margins. This business is well organized and all systems in place for smooth, continuous operations.

Facilities:
Premises consists of land and metal/concrete block building housing shop with inventory storage and office area. Plenty of outside area to store trucks and rigs.

Support:
All or part of current management is very willing to stay in place and manage in conjunction with an agreed plan for transitioning in semi- and permanent retirement.

Growth:
The Tri-Cities TN market is already on the rebound and this particular niche has few competitors. Year over year sales have already shown increases. All proven marketing venues are in place to bring in leads. Business would benefit from a new website and SEO.

Real Estate:
Included


Competition / Market:
Company experienced decline in installations along with housing and construction general downturn. Demand is returning and installations will continue to increase. Effect of incremental new sales is significant on bottom line. Business requires licensed operators and this business has the best.
Reasons for selling:
Current owners are seeking to retire within reasonable time frame.
Financing available:
SBA Eligible.
Furniture / Fixtures value:
$275,000 (included in the asking price)
Inventory / Stock value:
$27,000 (included in the asking price)

For more information about this business for sale, click the Contact Seller button.


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