Highly Profitable Water Driller Business For Sale in Hill Country, Texas

Highly Profitable Water Driller

Building and Const. Services - Other Services

Asking Price:	$650,000	Inventory:	$14,000 ++
Gross Revenue:	$1,081,903 (comments below)	Real Estate:	$350,000 **
Cash Flow:	$229,000 (comments below)	FF&E:	$499,000 ++
++ included in the asking price not** included in the asking price
Gross Revenue Comments: 3 years of increase, with 2008 flat
Cash Flow Comments: 3 year average

Drilling for a living is a profitable business in the gorgeous Hill Country of Texas. This area is still booming, and backlog is strong. Priced at only 2.4 times cash flow, with $500K in assets and a great piece of highway land if you want it!

About the Business

Year Established:1987

Employees:4 full time - 1 part time

Relocatable:Yes

Facilities:in asking price. Equipment is current models and well maintained.

Market Outlook and Competition:Company maintains strong backlog, and is recognized as the premier service in the area. All business via referral.

About the Sale

Reason For Selling:Retirement

Seller Financing:Seller will consider some financing. 4 acre site with highway frontage has been appraised and is available with sale of business. Will also subdivide property

KEYWORDS: Water Well Drilling, Drill, Rig, Water, Pump, construction, hill country, Texas, cash flow, well, dig, equipment,

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Business Listed By
John F. Dini, CMBA, CBI, BCB \| MPN Brokerage LLC View All of My Listings


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