Thriving Well Drilling & Pump Service Company

Listing number: 60218

Location: Central California

Year established: 2015


This well drilling and pump service business is an excellent opportunity to own a profitable California agriculture based business currently serving the central region. The company currently has a 2 month backlog on permitted jobs and a 2 month waitlist with two drilling rigs running 5 days a week. A wide variety of services for the residential, agricultural, and commercial industries offered including complete well drilling, pump repair, and new installation. Equipment value is $900k with a current inventory of $150,000. The company rents a 2 acre yard, with a 4,500 sq ft. office and shop. The buyer will need to obtain a C-57 license and the seller is willing to assist in the transition. The seller is hands on in the business and is relocating out of state. Please email for more details. SBA Pre-approved


Asking price: $1,600,000

Adjusted net income: $539,327

Revenue: $2,028,381

 Down payment: SBA Pre-approved

Lease information

  • Total rent: $2,000 
  • Sqft: 2400
  • Lease ends: Month to Month

Asset information

  • Inventory: $150,000
  • Equipment/Fixtures: $900k

Additional information

  • Employees: 9
  • Training: 4 weeks
  • Reason for selling: Relocating out of state


Dylan McGrath

For more information or to inquire about this business contact Dylan McGrath

 

 

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