Westcoast Drilling Business - 40 Years' Goodwill
| Asking Price: | $300,000 | Inventory: | $35,000 ++ |
| Gross Revenue: | $1,020,000 (comments below) | Real Estate: | n/a |
| Cash Flow: | $136,000 (comments below) | FF&E: | n/a |
| ++ included in the asking price ** not included in the asking price | |||
| Gross Revenue Comments: 5-year average | |||
| Cash Flow Comments: Owner's Cashflow | |||
Once in a generation opportunity. A buyer will step into a leading market position in the dynamic commercial/residential drilling industry on Canada's West Coast.
More than 40 years with the same name and the same phone number. With this accumulation of excellent service history and name recognition, customers and contractors "know who to call" for a range of commercial and residential drilling projects.
This successful business offers the following services: water wells (averaging 150 wells/year), elevator shaft drilling (dominates Vancouver Island market, significant market presence in Vancouver and Lower Mainland), piling and foundation preparation, and increasing exposure in the geo-thermal segment. Lots of potential awaits, even when large residential construction goes through periodical low cycles.
Contact Sunbelt Business Brokers (Victoria) to learn more about this opportunity. The business owns all the equipment needed to deliver these services - the asking price does not include the drilling trucks, tools, accessories or support vehicles. A buyer can purchase the business without the equipment, or can negotiate to purchase equipment as may be required. Call or e-mail Peter Bates or Rob Millar to get discussions underway!
More than 40 years with the same name and the same phone number. With this accumulation of excellent service history and name recognition, customers and contractors "know who to call" for a range of commercial and residential drilling projects.
This successful business offers the following services: water wells (averaging 150 wells/year), elevator shaft drilling (dominates Vancouver Island market, significant market presence in Vancouver and Lower Mainland), piling and foundation preparation, and increasing exposure in the geo-thermal segment. Lots of potential awaits, even when large residential construction goes through periodical low cycles.
Contact Sunbelt Business Brokers (Victoria) to learn more about this opportunity. The business owns all the equipment needed to deliver these services - the asking price does not include the drilling trucks, tools, accessories or support vehicles. A buyer can purchase the business without the equipment, or can negotiate to purchase equipment as may be required. Call or e-mail Peter Bates or Rob Millar to get discussions underway!
About the Business
Year Established:1965
Employees:4 full time - 1 part time
Relocatable:Yes
About the Sale
Reason For Selling:Retirement.
Seller Financing:Will consider for qualified buyer.
KEYWORDS: construction, contractor, drilling, foundation, water, well, elevator, shaft, drill, goodwill, victoria, bc, geothermal, geo-thermal, profit, profitable
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